SOLDSingle Family Residence
Andrew Boszhardt And Victoria Yeager Purchase 242 Wells Road Palm Beach For $21 Million
242 Wells Road
$21,000,000
$2,815/SF
Building Size
7,460 SF
Asset Type
Single Family Residence
Closing
Jun 24, 2026
AI
This sale involves a single-family estate located at 242 Wells Road in Palm Beach, featuring a sale price of $21,000,000. The property encompasses a total area of 7,460 square feet and offers a price per square foot of $2,815. It is situated on a sizeable 19,500 square foot lot.
Summary of transation details:
- Property Type: Single Family
- Transaction Amount: $21,000,000
- Address: 242 Wells Road
- Market: Palm Beach
- Square Footage: 7,460
- Price per Square Foot: $2,815
- Buyer: Andrew Boszhardt & Victoria Yeager
- Seller: Pierre Beland
- Buyer's Representative: Margit Brandt - Premier Estate Properties
- Seller's Representatives: Paula Wittmann & Michelle Noga - William Raveis Real Estate
The transaction was represented by Margit Brandt for the buyers and by Paula Wittmann and Michelle Noga for the seller. The completed sale marks a notable transaction within the Palm Beach area, facilitated by established real estate professionals.
Players
Market 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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93