Dov Seidman & Maria Seidman Acquire Delray Beach Single Family For $13.15M
SOLD
$13,150,000
Florida
See Similar DealsSingle Family Residence5,813 SF
Sold 04/19/2022
SOLD
Dov Seidman & Maria Seidman Acquire Delray Beach Single Family For $13.15M
3813 North Ocean Boulevard, Delray Beach, Florida 33483, United States
See Similar DealsSingle Family Residence5,813 SF
Sold 04/19/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,262
Total Square Footage:5,813 SF
Transaction Type:Sale
A single-family home located at 3813 N Ocean Blvd in Delray Beach, FL has been sold for a price of $13,150,000. The property spans across 5,813 square feet, resulting in a price per square foot of $2,262.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,150,000
- Address: 3813 N Ocean Blvd, Delray Beach, FL
- Market: Delray Beach, FL
The buyers, Dov Seidman and Maria Seidman, acquired the property from the seller, Ronald Kochman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$701,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,719.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$62,337.71
Annual Debt Service$748,052.51
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