Margaret & Christopher A. Sinclair Acquire Palm Beach SFR For $9.9M
309 Dunbar Rd, Palm Beach, FL 33480, USA
$9,900,000
$138/SF
Building Size
71,690 SF
Asset Type
Single Family Residence
Closing
Sep 3, 2020
AI
The single-family home located at 309 Dunbar Road in Palm Beach has been sold for $9,900,000. The property measures 7,169 square feet, resulting in a price per square foot of $1,381.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $9,900,000
- Address: 309 Dunbar Road, Palm Beach
The sellers of the property were Melanie and Steven K. Hudson. On the buyer side, Margaret and Christopher A. Sinclair acquired the home. James McCann from Premier Estate Properties represented the sellers in the deal, while the buyers were represented by Pamela Miller from Bradford P. Miller Real Estate.
Players
Palm Beach 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
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93