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360 Alexander Palm Road

Updated Sep 5, 2024

Bilt advertisement
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

5,928 SF

Asset Type

Single Family Residence

Closing

Jul 14, 2022

About this deal

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.

The single family residence sale at 360 Alexander Palm Road in Boca Raton, Florida sold for $10.5M in 2022. The building is 13,728 square feet, implying about 764 per square foot on the published price. David Wolofsky, David Roberts, Hinda A Bramnick, Royal Palm Properties appear on the sale alongside Royal Palm Properties, The Keyes Company. This page is the Boca Raton, Florida file for the 360 Alexander Palm Road single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Boca Raton sit in the Market section below. Filter that Boca Raton single family residence set by closing date to see what else sold near 360 Alexander Palm Road around 2022. Published consideration for 360 Alexander Palm Road is $10.5M, dated 2022. Cite this Jay M Sakalo Purchases Single Family Home In Boca Raton, FL For $10.5M sale when underwriting similar single family residence product around Boca Raton, Florida.

Players

David Roberts

Royal Palm Properties

Broker

$526.8M

vol

34 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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Deal FAQ

About $764 per square foot on a published $10.5M for 13,728 square feet (2022).

Visit David Roberts to view all their deals.

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

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