Updated Dec 20, 2023
Neal Rider & Courtney Westmoreland Acquire SFR In Ponte Vedra Beach For $2.5M
567 Ponte Vedra Blvd, Ponte Vedra Beach, FL 32082, USA
$2,500,000
$101/SF
Building Size
24,550 SF
Asset Type
Single Family Residence
Closing
Jun 21, 2020
About this deal
AI
The property involved in this transaction is a single-family home located at 567 Ponte Vedra Blvd in Ponte Vedra Beach. The property is sold as part of a closed sale on June 22, 2020, for a price of $2,500,000. It has a total square footage of 2,455, resulting in a price per square foot of $1,018.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $2,500,000
- Address: 567 Ponte Vedra Blvd
- Market: Ponte Vedra Beach
- Square Footage: 2,455
- Price per Square Foot: $1,018
The buyers involved in this transaction are Neal Rider and Courtney Westmoreland. On the seller's side is Stephen A. Stutts and the Fielding H. Stutts Revocable Trust.
Players
Ponte Vedra 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
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93