Deborah Magowan Acquires SFR In Palm Beach From Guy Rabideau For $6.1M
444 Brazilian Avenue, Palm Beach, FL, USA
$6,100,000
$1,483/SF
Building Size
4,111 SF
Asset Type
Single Family Residence
Closing
Nov 8, 2020
AI
An SFR property located at 444 Brazilian Avenue in Palm Beach has been sold. The transaction took place on 11/09/2020. The property was purchased for a total price of $6,100,000. It has a total area of 4,111 square feet, resulting in a price per square foot of $1,484. The buyer of the property is Deborah Magowan, while the seller is Guy Rabideau.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $6,100,000
- Date: 11/09/2020
- Address: 444 Brazilian Avenue
- Market: Palm Beach
In this transaction, Deborah Magowan acted as the buyer, represented by Ann Summers from Brown Harris Stevens. Guy Rabideau acted as the seller, with representation from Alison Newton of Douglas Elliman.
Players
Palm Beach 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93