Updated Sep 5, 2024
Jack & Cheryl Fockler Acquire Palm Beach Single Family Home For $6.87M
271 La Puerta Way, Palm Beach, FL, USA
$6,865,000
$1,157/SF
Building Size
5,931 SF
Asset Type
Single Family Residence
Closing
Nov 29, 2020
About this deal
AI
A single-family property located at 271 La Puerta Way in Palm Beach has recently been sold. The transaction took place on November 30, 2020, with a sale price of $6,865,000. The property spans across 5,931 square feet, resulting in a price per square foot of $1,157. The buyers of the property are Jack & Cheryl Fockler, while the sellers are Shalom & Katie East.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $6,865,000
- Address: 271 La Puerta Way
- Market: Palm Beach
- Buyer: Jack & Cheryl Fockler
- Seller: Shalom & Katie East
- Buyer's Representative: Suzanne Frisbie - Premier Estate Properties
- Seller's Representative: Christian Angle
- Size: 5,931 square feet
- Price per Square Foot: $1,157
Suzanne Frisbie from Premier Estate Properties represented the buyers, while the sellers were represented by Christian Angle.
Players
Palm Beach 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
2.31%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93