Updated Dec 4, 2024
TF Cornerstone Sells Palm Beach SFR For $8.95M With Douglas Elliman As The Broker
235 Dunbar Rd, Palm Beach, FL 33480, USA
$8,950,000
$1,300/SF
Building Size
6,880 SF
Asset Type
Single Family Residence
Closing
Aug 12, 2020
About this deal
AI
The SFR located at 235 Dunbar Road in Palm Beach has been sold in a closed transaction. The property spans a total of 6,880 square feet, with a price of $8,950,000, resulting in a price per square foot of $1,301.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,950,000
- Address: 235 Dunbar Road
- Market: Palm Beach
The seller of the property is Madeline Hult and Tom Elghanayan of TF Cornerstone. They were represented by their broker Gary Pohrer from Douglas Elliman.
On the Map
$8,950,000
$1,300/SF
Single Family Residence
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Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $9M for 6,880 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.77%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93