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
Boca Raton 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
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93