Paulina Franco Acquires $10M SFR In Boca Raton
311 Key Palm Road, Boca Raton, FL, USA
$10,000,000
$1,108/SF
Building Size
9,022 SF
Asset Type
Single Family Residence
Closing
May 10, 2020
AI
The single-family residential property located at 311 East Key Palm Road in Boca Raton has been sold for $10,000,000. Spanning a total of 9,022 square feet, the property was sold at an average price of $1,108 per square foot.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $10,000,000
- Address: 311 East Key Palm Road
- Market: Boca Raton
In this transaction, the buyer of the property is Paulina Franco, while the sellers are Mark S. Cosby and Kathleen Corsi. Lynne Gewant from Coldwell Banker Realty represented the buyer, Paulina Franco. On the other hand, Marcy Javor from Signature One Luxury Estates represented the sellers, Mark S. Cosby and Kathleen Corsi.
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93