Audrey McNiff Acquires Palm Beach SFR For $7.85M From Seller Catherine Marie Dressler Miller
SOLD
Florida
See Similar DealsSingle Family Residence40,430 SF
Sold 05/20/2020
SOLD
Audrey McNiff Acquires Palm Beach SFR For $7.85M From Seller Catherine Marie Dressler Miller
1120 N. Lake Way
See Similar DealsSingle Family Residence40,430 SF
Sold 05/20/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$314
Total Square Footage:40,430 SF
Transaction Type:Sale
Audrey McNiff has purchased a single-family home located at 270 Queens Lane in Palm Beach. The property was sold by Catherine Marie Dressler Miller for a price of $7,850,000. The home spans over approximately 5,732 square feet, resulting in a price per square foot of $1,370.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $7,850,000
- Address: 270 Queens Lane, Palm Beach
In this transaction, Audrey McNiff acted as the buyer and Catherine Marie Dressler Miller as the seller. The deal was facilitated by two brokers, Beth Cole from Corcoran Group and Liza Pulitzer from Brown Harris Stevens.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$677,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$45,120.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$60,204.48
Annual Debt Service$722,453.75
Is there something missing? Send suggestions
