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308 Arabian Road, Palm Beac...

Updated Dec 21, 2023

Brooke Laughlin & Conan Laughlin Acquire Single Family Property In Palm Beach, FL For $12.5M
SOLDSingle Family Residence

Brooke Laughlin & Conan Laughlin Acquire Single Family Property In Palm Beach, FL For $12.5M

308 Arabian Road, Palm Beach, Florida 33480, United States

$12,500,000

$3,050/SF

Building Size

4,098 SF

Asset Type

Single Family Residence

Closing

Jun 30, 2022

About this deal

AI

The single-family property located at 308 Arabian Rd in Palm Beach, FL has been sold for $12,500,000. The property spans across 4,098 square feet with a price per square foot of $3,050.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $12,500,000
  • Address: 308 Arabian Rd, Palm Beach, FL
  • Market: Palm Beach, FL

The buyers of the property are Brooke Laughlin and Conan Laughlin. The seller of the property is Lawrence Stein.

The single family residence sale at 308 Arabian Road, Palm Beach, Florida 33480, United States in Palm Beach, Florida sold for $12.5M in 2022. The building is 4,098 square feet, implying about 3.1K per square foot on the published price. This page is the Palm Beach, Florida file for the 308 Arabian Road, Palm Beach, Florida 33480, United States single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Palm Beach sit in the Market section below. Filter that Palm Beach single family residence set by closing date to see what else sold near 308 Arabian Road, Palm Beach, Florida 33480, United States around 2022. Published consideration for 308 Arabian Road, Palm Beach, Florida 33480, United States is $12.5M, dated 2022. Cite this Brooke Laughlin & Conan Laughlin Acquire Single Family Property In Palm Beach, FL For $12.5M sale when underwriting similar single family residence product around Palm Beach, Florida.

Players

Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $3.1K per square foot on a published $12.5M for 4,098 square feet (2022).

Browse Florida single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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