Tesa Development Group Sells Single Family Home At 301 Macy Street For $3.25M
SOLD
$3,250,000
Florida
See Similar DealsSingle Family Residence3,400 SF
Sold 10/07/2025
SOLD
Tesa Development Group Sells Single Family Home At 301 Macy Street For $3.25M
301 Macy Street
See Similar DealsSingle Family Residence3,400 SF
Sold 10/07/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$955
Total Square Footage:3,400 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 301 Macy Street in West Palm Beach. The asset spans 3,400 square feet and was sold for a price of $3,250,000, resulting in a price per square foot of $955.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,250,000
- Square Footage: 3,400
- Price per Square Foot: $955
- Address: 301 Macy Street
- Market: West Palm Beach
- Seller: Tesa Development Group
- Broker: Aaron Oken - Signature International Premier Properties
The broker representing the seller in this deal is Aaron Oken of Signature International Premier Properties, facilitating the transaction between the parties involved.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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