Updated Nov 20, 2023
Susan Janosky & Larry Hamelsky Acquire $16M Waterfront Home In Jupiter's Admirals Cove
229 Commodore Dr Jupiter, FL 33477, USA
$16,000,000
$2,539/SF
Building Size
6,300 SF
Asset Type
Single Family Residence
Closing
May 12, 2023
About this deal
AI
A waterfront home in Jupiter's Admirals Cove has been sold for $16 million. The property, located at 229 Commodore Drive, spans 0.6 acres and features a 6,300-square-foot house with four bedrooms, five bathrooms, a pool, and a dock. The sale was completed by Susan Janosky and Larry Hamelsky, Boston-based executives who purchased the property through their trust, 130 Waters Edge Realty Trust. It is worth noting that the trust also owns another property in Admirals Cove.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $16,000,000
- Square Footage: 6,300
- Price per Square Foot: $2,540
- Address: 229 Commodore Drive
- Market: Jupiter
Susan Janosky and Larry Hamelsky, through their trust 130 Waters Edge Realty Trust, have purchased the waterfront home located at 229 Commodore Drive in Jupiter's Admirals Cove. They acquired the 6,300-square-foot property from Joan Cramer for a total of $16 million. In addition to this purchase, the trust also owns another property within Admirals Cove.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93