Updated Oct 28, 2024
Timothy LaMotte & Philip S. Cambo Of Northern Tree Service Acquire Single Family Home In Palm Beach For $6.5M
234 List Road, Palm Beach, Florida 33480, United States
$6,500,000
$2,314/SF
Building Size
2,809 SF
Asset Type
Single Family Residence
Closing
Mar 6, 2022
About this deal
AI
A single-family property located at 234 List Road in Palm Beach has been sold. The property spans 2,809 square feet and was sold for a price of $6,500,000, resulting in a price per square foot of $2,314.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Buyer: Timothy LaMotte & Philip S. Cambo - Northern Tree Service
- Seller: Asplundh Tree Trimming - Jacqueline Asplundh
The buyer of the property is Timothy LaMotte and Philip S. Cambo, who represent Northern Tree Service. On the other hand, the seller is Asplundh Tree Trimming, with Jacqueline Asplundh representing them in the deal.
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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93