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389 Eagle Drive, Jupiter, F...

William & Marcia Ulm Acquire SFR In Jupiter For $13M
SOLDSingle Family Residence

William & Marcia Ulm Acquire SFR In Jupiter For $13M

389 Eagle Drive, Jupiter, FL, USA

$13,000,000

$1,270/SF

Building Size

10,235 SF

Asset Type

Single Family Residence

Closing

May 17, 2020

AI

A single-family residence located at 389 Eagle Drive in Jupiter has been sold in a closed transaction. The property, with a total square footage of 10,235, was listed for sale with an asking price of $13,000,000. The buyer, William & Marcia Ulm, acquired the property from the seller, Benjamin Aiello, for the same sale price of $13,000,000. The transaction was facilitated by Donna Hutchins from Douglas Elliman.

Summary of transaction details:

  • Property Type: Single-Family Residence (SFR)
  • Transaction Amount: $13,000,000
  • Address: 389 Eagle Drive, Jupiter
  • Market: Jupiter
  • Broker: Donna Hutchins - Douglas Elliman
  • Square Footage: 10,235
  • Price per Square Foot: $1,270

William & Marcia Ulm successfully acquired the property at 389 Eagle Drive in Jupiter at a final sale price of $13,000,000. The transaction was overseen by Donna Hutchins from Douglas Elliman, who represented both the buyer and the seller throughout the deal.

Players

Donna Hutchins

Douglas Elliman

Broker

$184M

vol

7 deals

Broker

Benjamin Aiello

Seller

$35.4M

vol

3 deals

Seller

Jupiter 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