facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

3813 North Ocean Boulevard,...

Ronald Kochman Acquires Gulf Stream Single Family For $11M With Buyer's Rep Lawrence Moens & Seller's Rep Thor M. Brown & Elizabeth Cooke
SOLDSingle Family Residence

Ronald Kochman Acquires Gulf Stream Single Family For $11M With Buyer's Rep Lawrence Moens & Seller's Rep Thor M. Brown & Elizabeth Cooke

3813 North Ocean Boulevard, Gulf Stream, FL, USA

$11,000,000

$1,892/SF

Building Size

5,813 SF

Asset Type

Single Family Residence

Closing

Apr 15, 2021

AI

Located at 3813 North Ocean Boulevard in Gulf Stream, this single-family property was recently sold in a closed transaction. The property offers a total of 5,813 square feet of living space. The sale price for the property was $11,000,000, resulting in a price per square foot of $1,892. The transaction took place on April 16, 2021.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $11,000,000
  • Address: 3813 North Ocean Boulevard
  • Market: Gulf Stream

Ronald Kochman, representing Kochman & Ziska PLC, purchased the property from Jeanette Frankenberg and Louis Campisano. The seller was represented by Thor M. Brown and Elizabeth Cooke from The Corcoran Group. Lawrence Moens from Lawrence A. Moens Associates acted as the buyer's representative in the transaction.

Players

Lawrence Moens

Broker

$2.4B

vol

64 deals

Broker

Ronald Kochman

Buyer

$50.9M

vol

3 deals

Buyer

Delray Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93