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Andrew Cook & Fanjun Dai Acquire Boca Raton Single Family For $10.2M

Property Image
SOLD
$8,650,000
Brad Schwartzman
John Poletto
+ 1

Florida

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Single Family Residence12,974 SF
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SOLD

Andrew Cook & Fanjun Dai Acquire Boca Raton Single Family For $10.2M

4400 Sanctuary Lane, Boca Raton, FL, USA

See Similar Deals
Single Family Residence12,974 SF
Sold
Brad Schwartzman
John Poletto
+ 1
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$666
Total Square Footage:12974 SF
Transaction Type:Sale

The sale of a single-family property in Boca Raton has been completed on 12/02/2022. The property, located at 4400 Sanctuary Lane, encompasses 0.9 acres in total. With a total square footage of 12,124, this spacious residence offers ample living space for its new owners. The property was sold at a price of $10,200,000, equivalent to a price per square foot of $841.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $10,200,000
  • Address: 4400 Sanctuary Lane
  • Market: Boca Raton
  • Acres: 0.9

The buyer of the property is Andrew Cook and Fanjun Dai, while the seller is Darielle Singerman from RedCon1. Representing the buyer in this transaction is Jeff Daly from Realty Home Advisors International, and representing the seller are Senada Adzem and Virginia Schulze from Douglas Elliman.

Players

John Poletto
3 deals$35.9M volume
BROKER

Mark Nestler
Sotheby's International Realty
2 deals$15.9M volume
BROKER

Brad Schwartzman
VUE Realty Group
2 deals$15.9M volume
BROKER

Details

SOLD
IMAGE: Virginia Schulze & Senada Adzem DATE: 12/02/2022 ADDRESS: 4400 Sanctuary Lane MARKET: Boca Raton ASSET TYPE: Single Family ~ ACRES: 0.9 BUYER: Andrew Cook & Fanjun Dai SELLER: Darielle Singerman (@DarielleRose) - RedCon1 (@RedCon1) BUYER'S REP: Jeff Daly - Realty Home Advisors International SELLER'S REP: Senada Adzem (@SenadaAdzem) & Virginia Schulze (@VirginiaSchulze27) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanFlorida) SALE PRICE: $10,200,000 SF: 12,124 ~ PPSF: $841

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$30,731.63
Cash-on-Cash Return-1.27%
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