Jay M Sakalo Purchases Single Family Home In Boca Raton, FL For $10.5M
SOLD
$10,500,000
Florida
See Similar DealsSingle Family Residence13,728 SF
Sold 07/14/2022
SOLD
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
See Similar DealsSingle Family Residence13,728 SF
Sold 07/14/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$764
Total Square Footage:13,728 SF
Transaction Type:Sale
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
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$559,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28
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