Updated Nov 28, 2024
Gary Bettman Acquires SFR In Boca Raton For $8M With Buyer's Rep Miles Rosenthal & Seller's Rep Carmen D’Angelo, Gerard P. Liguori & Joseph G. Liguori
4020 Ibis Point Circle, Boca Raton, FL, USA
$8,000,000
$555/SF
Building Size
14,398 SF
Asset Type
Single Family Residence
Closing
Feb 10, 2021
About this deal
AI
A single-family residence located at 4020 Ibis Point Circle in Boca Raton has been sold for $8,000,000. The property spans across 14,398 square feet, resulting in a price per square foot of $556. The transaction took place on February 11, 2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,000,000
- Address: 4020 Ibis Point Circle, Boca Raton
- Market: Boca Raton
Gary Bettman, representing the National Hockey Association, purchased the property from Andrew J. Green of Green Realty Corp. Miles Rosenthal from BEX Realty served as the buyer's representative, while Carmen N. D’Angelo, Gerard P. Liguori, and Joseph G. Liguori, Jr. from Premier Estate Properties represented the seller.
Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $555 per square foot on a published $8M for 14,398 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93