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4100 Northeast 6th Drive

Aaron & Darielle Singerman Acquire SFR In Boca Raton For $6M
SOLDSingle Family Residence

Aaron & Darielle Singerman Acquire SFR In Boca Raton For $6M

4100 Northeast 6th Drive

$6,000,000

$795/SF

Building Size

7,541 SF

Asset Type

Single Family Residence

Closing

Oct 25, 2021

AI

The single-family residential property located at 4100 Sanctuary Ln in Boca Raton has been sold. The transaction took place on October 25, 2021, and the property was purchased for a sale price of $6,000,000, slightly lower than the asking price of $6,250,000. The property spans 7,541 square feet, resulting in a price per square foot of $796. The buyer of the property is Aaron and Darielle Singerman, while the seller is Philip Andrew Pike. The deal was facilitated by Matt Pike and Elizabeth Pike from The Pike Group at Compass.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $6,000,000
  • Address: 4100 Sanctuary Ln, Boca Raton
  • Market: Boca Raton

Aaron and Darielle Singerman acquired the property from Philip Andrew Pike. The transaction was overseen by the brokers Matt Pike and Elizabeth Pike from The Pike Group, representing both the buyer and seller. The property stands out with a 7,541 square foot area and a price per square foot of $796. The successful deal was finalized on October 25, 2021, resulting in a sale price of $6,000,000.

Players

Matthew Pike

Compass

Broker

$6M

vol

1 deal

Broker

Darielle Singerman

Buyer

$20.7M

vol

3 deals

Buyer

Philip Andrew Pike

Seller

$12M

vol

2 deals

Seller

Boca Raton 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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93