The Trust Of Stephen And Joy Hall Acquires SFR From Jason And Natasha Rawding - Le Macaron On Ibis Isle Road In Palm Beach, Miami
2299 Ibis Isle Road West, Palm Beach, FL, USA
$6,800,000
$1,339/SF
Building Size
5,076 SF
Asset Type
Single Family Residence
Closing
Mar 31, 2019
AI
The property at 2299 Ibis Isle Road in Palm Beach, Miami has been sold. The sale was completed on April 1, 2019. The property is a single-family home with six bedrooms and six bathrooms. It also features 315 feet of total water frontage, a guest house, and a boat lift.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: Not specified
- Buyer: The trust of Stephen and Joy Hall
- Seller: Jason and Natasha Rawding - Le Macaron
- Market: Palm Beach
- City: Miami
The Rawdings, who own Le Macaron, acquired the property in 2017 and built the home in 2018.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93