Updated Dec 18, 2023
$9.4M Boca Raton SFR Sold With Buyer's Rep Carlos Alleyne & Seller's Rep David Roberts
261 Alexander Palm Rd, Boca Raton, FL 33432, USA
$9,400,000
$112/SF
Building Size
83,610 SF
Asset Type
Single Family Residence
Closing
Aug 9, 2020
About this deal
AI
Located at 261 West Alexander Palm Road in Boca Raton, this single-family residential property was recently sold for $9,400,000. With a total area of 8,361 square feet, the property was valued at $1,124 per square foot.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,400,000
- Square Footage: 8,361
- Price per Square Foot: $1,124
The seller's representative for this transaction was David Roberts from Royal Palm Properties LLC, while the buyer's representative was Carlos Alleyne from RE/MAX Advantage Plus.
The single family residence sale at 261 Alexander Palm Rd, Boca Raton, FL 33432, USA in Boca Raton, Florida sold for $9.4M in 2020. The building is 83,610 square feet, implying about 112 per square foot on the published price. This page is the Boca Raton, Florida file for the 261 Alexander Palm Rd, Boca Raton, FL 33432, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Boca Raton sit in the Market section below. Filter that Boca Raton single family residence set by closing date to see what else sold near 261 Alexander Palm Rd, Boca Raton, FL 33432, USA around 2020. Published consideration for 261 Alexander Palm Rd, Boca Raton, FL 33432, USA is $9.4M, dated 2020. Cite this $9.4M Boca Raton SFR Sold With Buyer's Rep Carlos Alleyne & Seller's Rep David Roberts sale when underwriting similar single family residence product around Boca Raton, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.69%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93