facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

225 West Alexander Palm Roa...

Tracy M. Angeli And Steven C. Angeli Acquire SFR In Boca Raton For $12.995M
SOLDSingle Family Residence

Tracy M. Angeli And Steven C. Angeli Acquire SFR In Boca Raton For $12.995M

225 West Alexander Palm Road, Boca Raton, FL, USA

$12,995,000

$1,754/SF

Building Size

7,408 SF

Asset Type

Single Family Residence

Closing

Mar 11, 2021

AI

A single-family home located at 225 West Alexander Palm Road in Boca Raton has been sold in a recent transaction. The property spans 7,408 square feet and was sold for a price of $12,995,000, resulting in a price per square foot of $1,754. The sale was completed on March 12, 2021.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $12,995,000
  • Market: Boca Raton

The buyers of the property were Tracy M. Angeli and Steven C. Angeli, represented by David W. Roberts from Wellington Management Co. The sellers, Ann Talanian and Charles M. Talanian, were represented by Marcy F. Javor from C. Talanian Realty. David W. Roberts, a representative from Royal Palm Properties, acted as the buyer's broker in this deal, while Marcy F. Javor represented the sellers through Signature One Luxury Estates.

Players

David Roberts

Royal Palm Properties

Broker

$417.2M

vol

28 deals

Broker

Boca Raton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93