Mark Pulte's Palm Beach SFR Sold For $33.2M With Lawrence Moens As The Broker
446 N Lake Way, Palm Beach, FL 33480, USA
$33,200,000
$2,468/SF
Building Size
13,451 SF
Asset Type
Single Family Residence
Closing
Apr 30, 2020
AI
Summary of Transaction Details
- Property Type: SFR
- Transaction Amount: $33,200,000
- Square Footage: 13,451
- Price per Square Foot: $2,468
- Address: 446 North Lake Way, Palm Beach
446 North Lake Way, located in Palm Beach, is a single-family residential property that was recently sold for a transaction amount of $33,200,000. Spanning across a total of 13,451 square feet, this property was valued at an average price per square foot of $2,468.
The seller of 446 North Lake Way was 446 North Lake Way LLC, represented by Mark Pulte. The transaction was facilitated by Lawrence Moens from Lawrence A. Moens Associates, who acted as the broker in the deal.
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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93