Updated Oct 28, 2024
Paul & Linda Rogers Acquire SFR In Boca Raton, FL From US Bank Trust
299 Northeast Spanish Trail, Boca Raton, FL, USA
$7,800,000
$770/SF
Building Size
10,128 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2020
About this deal
AI
A single-family residential property located at 299 NE Spanish Trail in Boca Raton, FL, has been sold for a sale price of $7,800,000. The property, measuring 10,128 square feet, was listed for an asking price of $8,250,000. The transaction was completed on August 20, 2021, and was handled by broker Devin Kay of Douglas Elliman. Both the buyer and seller were represented by Devin Kay in this deal.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,800,000
- Address: 299 NE Spanish Trail, Boca Raton, FL
- Market: Boca Raton, FL
- Listing Agent: Devin Kay - Douglas Elliman
- Buyer: Paul & Linda Rogers
- Seller: US Bank Trust
The property, which was sold in just 3 days, presents a unique opportunity for the buyers, Paul and Linda Rogers. With its spacious 10,128 square feet of living space and a price per square foot of $770, this SFR property offers a comfortable and luxurious living experience. The deal was facilitated by broker Devin Kay, who expertly represented both the buyer and seller in the negotiation process. The swift sale of this property exemplifies Devin Kay's proficiency in real estate transactions.
Players
Boca Raton 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
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93