Updated Jul 17, 2026
James Gray Acquires Single Family Home At 274 Montery Road For $7.35M With Dovi Ettedgui & Dana Koch
274 Montery Road
$7,350,000
$2,158/SF
Building Size
3,406 SF
Asset Type
Single Family Residence
Closing
Jun 3, 2026
About this deal
AI
The property asset involved in this transaction is a single-family home located at 274 Montery Road in the Palm Beach market. The sale price is set at $7,350,000, and the property encompasses a total of 3,406 square feet, resulting in a price per square foot of $2,157.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $7,350,000
- Address: 274 Montery Road
- Market: Palm Beach
- Square Footage: 3,406
- Price Per Square Foot: $2,157
- Buyer: James Gray
- Seller: Morton Pierce
- Seller's Representative: Dovi Ettedgui - Serhant; Dana Koch - The Corcoran Group
The key individuals involved in this deal include the buyer, James Gray, and the seller, Morton Pierce. The transaction is represented by Dovi Ettedgui from Serhant and Dana Koch from The Corcoran Group.
On the Map
$7,350,000
$2,158/SF
Single Family Residence
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Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2.2K per square foot on a published $7.4M for 3,406 square feet (2026).
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Browse Palm Beach single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93