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360 Alexander Palm Road

Jay M Sakalo Purchases Single Family Home In Boca Raton, FL For $10.5M
SOLDSingle Family Residence

Jay M Sakalo Purchases Single Family Home In Boca Raton, FL For $10.5M

360 Alexander Palm Road & 360 Alexander Palm Road, Boca Raton, Florida 33432, United States

$10,500,000

$764/SF

Building Size

13,728 SF

Asset Type

Single Family Residence

Closing

Jul 14, 2022

AI

The single-family property located at 360 E Alexander Palm Rd in Boca Raton, FL has been sold for $10,500,000. The property spans 5,928 square feet, resulting in a price per square foot of $1,771.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $10,500,000
  • Address: 360 E Alexander Palm Rd, Boca Raton, FL
  • Market: Boca Raton, FL

The buyer of the property is Jay M Sakalo, while the sellers are Hinda A Bramnick and Phyllis M Robinson.

Players

David Roberts

Royal Palm Properties

Broker

$417.2M

vol

28 deals

Broker

Hinda A Bramnick

Seller

$14.8M

vol

2 deals

Seller

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

1.51%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93