Updated Oct 28, 2024
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
About this deal
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.
On the Map
$12,995,000
$1,754/SF
Single Family Residence
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Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $13M for 7,408 square feet (2021).
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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