Updated Dec 21, 2023
Mary Newton Of Douglas Elliman Acquires SFR In Palm Beach For $6.5M
238 Via Las Brisas, Palm Beach, FL 33480, USA
$6,515,000
$1,467/SF
Building Size
4,441 SF
Asset Type
Single Family Residence
Closing
Jul 12, 2020
About this deal
AI
The recently closed property transaction at 238 Via Las Brisas in Palm Beach has been sold for a price of $6,515,000. This single-family residential (SFR) property spans across 4,441 square feet. With a price per square foot (PPSF) of $1,467, this sale reflects a significant investment in this desirable market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,515,000
- Address: 238 Via Las Brisas
- Market: Palm Beach
Suzanne Trapani Frisbie from Premier Estate Properties represented the seller in this transaction, while Mary Newton from Douglas Elliman acted as the buyer's representative. Their involvement highlights the reputable professionals who played a crucial role in facilitating the deal.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $6.5M for 4,441 square feet (2020).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.43%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93