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261 Old Jupiter Beach Road,...

Kevin & Shannon Ball Acquires 6,887 SF SFR In Jupiter For $6M
SOLDSingle Family Residence

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

Brad Ball

Broker

$40.3M

vol

6 deals

Broker

Kevin Smith

Buyer

$7.3M

vol

2 deals

Buyer

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