Todd Michael Glaser Acquires SFR On El Brillo Way In Palm Beach For $21.995M
SOLD
$21,995,000
Florida
See Similar DealsSingle Family Residence14,223 SF
Sold 03/06/2021
SOLD
Todd Michael Glaser Acquires SFR On El Brillo Way In Palm Beach For $21.995M
358 El Brillo Way, Palm Beach, FL, USA
See Similar DealsSingle Family Residence14,223 SF
Sold 03/06/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,546
Total Square Footage:14,223 SF
Transaction Type:Sale
The sale of a single-family home in Palm Beach, located at 358 El Brillo Way, has been finalized. The property, spanning approximately 14,223 square feet, was sold for a total amount of $21,995,000, resulting in a price per square foot of $1,546. The transaction involved buyer Todd Michael Glaser and seller Jeffrey Epstein.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $21,995,000
- Address: 358 El Brillo Way
- Market: Palm Beach
The deal was facilitated by Kerry Warwick of The Corcoran Group, who represented both buyer Todd Michael Glaser and seller Jeffrey Epstein.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,173,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$78,143.58
Cash-on-Cash Return-1.27%
Monthly Debt Service$104,267.52
Annual Debt Service$1,251,210.26
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