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222 Ridgeview Dr, Palm Beac...

Updated Dec 21, 2023

Schuyler & Elizabeth Tilney (Tudor, Pickering, Holt & Co.) Acquire Palm Beach SFR For $6.5M
SOLDSingle Family Residence

Schuyler & Elizabeth Tilney (Tudor, Pickering, Holt & Co.) Acquire Palm Beach SFR For $6.5M

222 Ridgeview Dr, Palm Beach, FL 33480, USA

$6,500,000

$1,625/SF

Building Size

4,000 SF

Asset Type

Single Family Residence

Closing

Aug 3, 2020

About this deal

AI

Schuyler Tilney has closed a deal in Palm Beach, Florida. The property, located at 222 Ridgeview Drive, is a single-family home with a total of 4,000 square feet. The transaction took place on August 4, 2020.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $6,500,000
  • Price per square foot: $1,625

The seller of the property was Edwin & Danielle Conway. On the other hand, the buyer was Schuyler & Elizabeth Tilney, represented by Tudor, Pickering, Holt & Co.

The single family residence sale at 222 Ridgeview Dr, Palm Beach, FL 33480, USA in Palm Beach, Florida sold for $6.5M in 2020. The building is 4,000 square feet, implying about 1.6K per square foot on the published price. This page is the Palm Beach, Florida file for the 222 Ridgeview Dr, Palm Beach, FL 33480, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach single family residence set by closing date to see what else sold near 222 Ridgeview Dr, Palm Beach, FL 33480, USA around 2020. Published consideration for 222 Ridgeview Dr, Palm Beach, FL 33480, USA is $6.5M, dated 2020. Cite this Schuyler & Elizabeth Tilney (Tudor, Pickering, Holt & Co.) Acquire Palm Beach SFR For $6.5M sale when underwriting similar single family residence product around Palm Beach, Florida.

Players

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.6K per square foot on a published $6.5M for 4,000 square feet (2020).

Browse Florida single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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