Marley Goodman Overman Of Illustrated Properties Acquires SFR In Palm Beach For $9.35M
231 Nightingale Trail, Palm Beach, FL, USA
$9,350,000
$1,381/SF
Building Size
6,768 SF
Asset Type
Single Family Residence
Closing
Jan 18, 2021
AI
The property involved in this transaction is a single-family residential (SFR) located at 231 Nightingale Trail in Palm Beach. The sale took place on January 19, 2021.
Summary of transaction details
- Property Type: SFR
- Sale Price: $9,350,000
- Square Footage: 6,768
- Price per Square Foot: $1,382
- Address: 231 Nightingale Trail, Palm Beach
The seller in this transaction was Gianna F. Biondi, along with John W. Copeland from Wealth Partners Capital Group. The buyer was represented by Marley Goodman Overman from Illustrated Properties. The seller was represented by Gary Pohrer from Douglas Elliman Real Estate.
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
1.70%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93