Kevin & Shannon Ball Acquires 6,887 SF SFR In Jupiter For $6M
261 Old Jupiter Beach Road, Jupiter, FL, USA
$6,000,000
$871/SF
Building Size
6,887 SF
Asset Type
Single Family Residence
Closing
Nov 30, 2020
AI
Located at 261 Old Jupiter Beach Road in Jupiter, this single-family residence (SFR) was recently sold for a price of $6,000,000. The property spans 6,887 square feet, resulting in a price per square foot of $871. The sale was finalized on 12/01/2020.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $6,000,000
- Address: 261 Old Jupiter Beach Road
- Market: Jupiter
The buyers of this property were Margaret and Kevin Smith, representing Crescat Capital. On the other hand, the sellers were Michael and Kelly Wiener. Brad and Shannon Ball from Frankel Ball Realty served as the buyer's representatives, while Anthony Hernandez from Illustrated Properties acted as the seller's representative.
Players
Jupiter 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93