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
Delray Beach 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
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93