Ken Moreland-Pearce Sells Palm Beach SFR For $5.3M With Ryan Farbstein & Max Farbstein - Douglas Elliman
265 Park Avenue
$5,275,000
$2,483/SF
Building Size
2,124 SF
Asset Type
Single Family Residence
Closing
Jan 13, 2023
AI
The recently closed property transaction at 265 Park Avenue in Palm Beach involved the sale of a single-family residence. The property spans 2,124 square feet, with a price per square foot of $2,484. The transaction was completed on January 13, 2023, for a total sale price of $5,275,000.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,275,000
- Address: 265 Park Avenue, Palm Beach
- Market: Palm Beach
The seller of the property was Ken Moreland-Pearce. Representing the seller in the deal were Ryan Farbstein and Max Farbstein from Douglas Elliman. They successfully facilitated the transaction on behalf of the seller.
These are the key individuals and companies involved in the property transaction at 265 Park Avenue in Palm Beach.
Players
Market 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
3.01%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93