Douglas Elliman Represents $10.5M Sale Of West Palm Beach SFR
3180 Washington Rd, West Palm Beach, FL, USA
$10,500,000
$1,153/SF
Building Size
9,100 SF
Asset Type
Single Family Residence
Closing
Aug 19, 2020
AI
A luxury single-family residence located at 3180 Washington Rd in West Palm Beach has been sold for a transaction price of $10,500,000. The property spans 9,100 square feet and had a price per square foot of $1,154.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $10,500,000
- Address: 3180 Washington Rd, West Palm Beach
- Market: West Palm Beach
The buyer in this transaction was represented by Adam McPherson from Douglas Elliman. The seller, on the other hand, was represented by Ashley McIntosh and Chris Leavitt, also from Douglas Elliman.
Players
West 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
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93