Kevin & Shannon Ball Acquires 6,887 SF SFR In Jupiter For $6M
SOLD
$6,000,000
+ 1
Florida
See Similar DealsSingle Family Residence6,887 SF
Sold 12/01/2020
SOLD
Kevin & Shannon Ball Acquires 6,887 SF SFR In Jupiter For $6M
261 Old Jupiter Beach Road, Jupiter, FL, USA
See Similar DealsSingle Family Residence6,887 SF
Sold 12/01/2020
+ 1
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$871
Total Square Footage:6,887 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$319,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73
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