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299 Northeast Spanish Trail...

Updated Oct 28, 2024

Paul & Linda Rogers Acquire SFR In Boca Raton, FL From US Bank Trust
SOLDSingle Family Residence

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

Douglas Elliman
Douglas EllimanBrokerage

Boca Raton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $770 per square foot on a published $7.8M for 10,128 square feet (2020).

Visit Douglas Elliman to view all their deals.

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

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