Updated Dec 20, 2023
David Roberts - Royal Palm Properties Acquires SFR In Boca Raton For $12.95M
378 E Alexander Palm Rd, Boca Raton, FL 33432, Estados Unidos
$12,950,000
$112/SF
Building Size
114,920 SF
Asset Type
Single Family Residence
Closing
Oct 29, 2020
About this deal
AI
Located at 378 East Alexander Palm Road in Boca Raton, this single-family residential property was sold on 10/30/2020 for a price of $12,950,000. The property spans across 11,492 square feet, resulting in a price per square foot of $1,127. Brokered by David Roberts from Royal Palm Properties LLC, this transaction marks a significant sale in the Boca Raton market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $12,950,000
- Square Footage: 11,492
- Price per Square Foot: $1,127
- Broker: David Roberts - Royal Palm Properties LLC
David Roberts from Royal Palm Properties LLC played a crucial role in the successful completion of this deal. Through his expertise and representation, the buyer and seller were able to negotiate and finalize the transaction, resulting in the sale of this desirable property in Boca Raton. The involvement of David Roberts reflects the high level of professional service provided by Royal Palm Properties LLC in the real estate market.
Players
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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93