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Julian Cohen And Ryan Serhant Acquire Hobe Sound SFR For $10.5M

Property Image
SOLD
$10,500,000
Julian Cohen
Ryan Serhant
Susan Turner

Florida

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Single Family Residence7,374 SF
Sold 06/07/2021
the dealplayerscompscontact
Property Image
SOLD

Julian Cohen And Ryan Serhant Acquire Hobe Sound SFR For $10.5M

44 Gomez Rd, Hobe Sound, FL, USA

See Similar Deals
Single Family Residence7,374 SF
Sold 06/07/2021
Julian Cohen
Ryan Serhant
Susan Turner
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,423
Total Square Footage:7,374 SF
Transaction Type:Sale

The property involved in this transaction is a Single Family Residence located at 44 Gomez Rd in Hobe Sound, Jupiter. The transaction took place on 6/21 with a sale price of $10,500,000. The property spans across 7,374 square feet and has a price per square foot of $1,424.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $10,500,000
  • Address: 44 Gomez Rd
  • Market: Hobe Sound, Jupiter

Julian Cohen from Coldwell Banker represented the buyer, along with Ryan Serhant. The seller was represented by Susan Turner from The Corcoran Group.

Players

Susan Turner
The Corcoran Group
Susan Turner
3 deals$33.6M volume
BROKER
Ryan Serhant
Serhant
Ryan Serhant
43 deals$955.1M volume
BROKER
Julian Cohen
Douglas Elliman
Julian Cohen
23 deals$291.6M volume
BROKER
Coldwell Banker
Coldwell Banker
BROKERAGE

Details

SOLD
IMAGE: @JulianCohen & @RyanSerhant DATE: 6/21 ADDRESS: 44 Gomez Rd MARKET: Hobe Sound, Jupiter ASSET TYPE: SFR BUYER'S REP: Julian Cohen - Coldwell Banker @JillsZederBeach & Ryan Serhant @SERHANT SELLER'S REP: Susan Turner - @TheCorcoranGroup SALE PRICE: $10,500,000 SF: 7,374 ~ PPSF: $1,424

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$559,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$37,304.29
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,775.36
Annual Debt Service$597,304.28