Lisa And Richard Perry Sell Palm Beach SFR For $9.1M With Brokers Burt Minkoff, Todd & Frances Peter
SOLD
Florida
See Similar DealsSingle Family Residence5,686 SF
Sold 07/14/2020
SOLD
Lisa And Richard Perry Sell Palm Beach SFR For $9.1M With Brokers Burt Minkoff, Todd & Frances Peter
3 Via Los Incas, Palm Beach, FL 33480, USA
See Similar DealsSingle Family Residence5,686 SF
Sold 07/14/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,600
Total Square Footage:5,686 SF
Transaction Type:Sale
A single-family residential property located at 3 Via Los Incas in Palm Beach has been sold for $9,100,000. The property spans 5,686 square feet, resulting in a price per square foot of $1,600. The transaction was completed on July 14, 2020.
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $9,100,000
- Address: 3 Via Los Incas, Palm Beach
- Market: Palm Beach
The sellers of the property were Lisa and Richard Perry, who are associated with Perry Capital. The brokers involved in the deal were Burt Minkoff from Douglas Elliman and Todd and Frances Peter from Sotheby’s International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$485,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,330.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$43,138.64
Annual Debt Service$517,663.71
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