Updated Dec 21, 2023
Maria Gershon & Melvin Gershon Acquire Single Family Home In Palm Beach Gardens For $4.25M
3090 Chateau Ln, Palm Beach Gardens, Florida, USA
$4,250,000
$718/SF
Building Size
5,913 SF
Asset Type
Single Family Residence
Closing
Sep 13, 2021
About this deal
AI
Located at 3090 Chateau Ln in Palm Beach Gardens, FL, this single-family property was recently sold in a closed transaction. The property spans 5,913 square feet, offering ample space for the new homeowners. The sale took place on September 14, 2021, with Maria Gershon and Melvin Gershon purchasing the property from Randall H Lindquist.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,250,000
- Price per Square Foot: $719
Maria Gershon and Melvin Gershon, the buyers in this transaction, were represented by their broker, while Randall H Lindquist represented himself as the seller. The sale price of $4,250,000 translates to a price per square foot of $719. This transaction marks a successful deal for all parties involved.
Players
Palm Beach Gardens 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
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93