Rabideau Guy Acquires Single Family Property In West Palm Beach, FL For $3.5M
SOLD
$3,477,300
Florida
See Similar DealsSingle Family Residence3,127 SF
Sold 09/15/2021
SOLD
Rabideau Guy Acquires Single Family Property In West Palm Beach, FL For $3.5M
227 Churchill Rd, West Palm Beach, Florida, USA
See Similar DealsSingle Family Residence3,127 SF
Sold 09/15/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,112
Total Square Footage:3,127 SF
Transaction Type:Sale
A single-family property located at 227 Churchill Rd in West Palm Beach, FL was recently sold in a transaction on September 15, 2021. The property spans 3,127 square feet and was sold for a price of $3,477,300, resulting in a price per square foot of $1,112. The property is situated in the West Palm Beach market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $3,477,300
Rabideau Guy acted as the buyer in this transaction, while Mauricio Busa and Barry Hayes served as the sellers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$185,455.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,354.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,484.18
Annual Debt Service$197,810.11
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