Updated Dec 21, 2023
John Bradford Hancock Acquires Single Family Property In Fort Lauderdale For $11.75M
2437 Del Mar Place, Fort Lauderdale, Florida 33301, United States
$11,750,000
$1,456/SF
Building Size
8,068 SF
Asset Type
Single Family Residence
Closing
Aug 2, 2022
About this deal
AI
A single-family property located at 2437 Delmar Pl in Fort Lauderdale, FL was recently sold. The property spans over 8,068 square feet and was sold for a price of $11,750,000, resulting in a price per square foot of $1,456.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,750,000
- Address: 2437 Delmar Pl, Fort Lauderdale, FL
- Market: Fort Lauderdale, FL
The buyer of the property is John Bradford Hancock, while Michael P. Phelan acted as the seller.
The single family residence sale at 2437 Del Mar Place, Fort Lauderdale, Florida 33301, United States in Fort Lauderdale, Florida sold for $11.8M in 2022. The building is 8,068 square feet, implying about 1.5K per square foot on the published price. This page is the Fort Lauderdale, Florida file for the 2437 Del Mar Place, Fort Lauderdale, Florida 33301, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Fort Lauderdale sit in the Market section below. Filter that Fort Lauderdale single family residence set by closing date to see what else sold near 2437 Del Mar Place, Fort Lauderdale, Florida 33301, United States around 2022. Published consideration for 2437 Del Mar Place, Fort Lauderdale, Florida 33301, United States is $11.8M, dated 2022. Cite this John Bradford Hancock Acquires Single Family Property In Fort Lauderdale For $11.75M sale when underwriting similar single family residence product around Fort Lauderdale, Florida.
Players
Fort Lauderdale 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 $11.8M for 8,068 square feet (2022).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.35%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93