Updated Dec 19, 2023
David Roberts Of Royal Palm Properties LLC Sells SFR In Boca Raton For $3.7M
356 S Silver Palm Rd, Boca Raton, FL 33432, USA
$3,725,000
$549/SF
Building Size
6,785 SF
Asset Type
Single Family Residence
Closing
Jul 16, 2020
About this deal
AI
A single-family residential property located at 356 South Silver Palm Road in Boca Raton has been sold in a closed transaction. The property has a total square footage of 6,785 and was sold for a price of $3,725,000, resulting in a price per square foot of $549. The sale was facilitated by David Roberts of Royal Palm Properties LLC.
Summary of transaction details
- Property Type: Single Family Residential
- Transaction Amount: $3,725,000
- Square Footage: 6,785
- Price Per Square Foot: $549
- Address: 356 South Silver Palm Road, Boca Raton
- Market: Boca Raton
David Roberts of Royal Palm Properties LLC played a crucial role as the broker representing the parties involved in the transaction.
Boca Raton 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
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93