Updated Oct 28, 2024
Steven H. Rosen Acquires Single Family Home In Boca Raton For $6.7M
246 Princess Palm Road, Boca Raton, FL, USA
$6,700,000
$1,001/SF
Building Size
6,688 SF
Asset Type
Single Family Residence
Closing
Mar 4, 2021
About this deal
AI
Located at 246 Princess Palm Road in Boca Raton, this single-family property was recently sold in a closed transaction. The property spans 6,688 square feet and was sold for a price of $6,700,000, resulting in a price per square foot of $1,002. The transaction took place on March 5, 2021 and involved the following parties:
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $6,700,000
- Square Footage: 6,688
- Address: 246 Princess Palm Road, Boca Raton
- Market: Boca Raton
The buyer in this transaction was Steven H. Rosen, representing Resilience Capital Partners. Representing the buyer was Candace Friis from The Corcoran Group. On the seller's side, Robert J. Edwards sold the property, with David Roberts from Royal Palm Properties representing him in the deal.
Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1K per square foot on a published $6.7M for 6,688 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93