SA Fishing & Jordana DePaula Acquire SFR In Boca Raton For $5.05M
610 Phillips Drive, Boca Raton, FL, USA
$5,050,000
$826/SF
Building Size
6,108 SF
Asset Type
Single Family Residence
Closing
Dec 3, 2020
AI
The property asset involved in this transaction is a single-family residence located at 610 Phillips Drive in Boca Raton. The house has a total square footage of 6,108 and was sold for $5,050,000, resulting in a price per square foot of $827.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $5,050,000
- Address: 610 Phillips Drive
- Market: Boca Raton
- Square Feet: 6,108
- Price Per Square Foot: $827
- Buyer: Thomas Desernia - SA Fishing & Jordana DePaula
- Seller: 610 Phillips Drive Holdings
- Buyer's Representative: Jonathan Phillips - Keller Williams Realty
- Seller's Representative: Joseph G. Liguori - Premier Estate Properties
Key individuals involved in the deal include Thomas Desernia, who is part of SA Fishing, and Jordana DePaula as the buyers. The sellers, 610 Phillips Drive Holdings, were represented by Joseph G. Liguori from Premier Estate Properties, while Jonathan Phillips from Keller Williams Realty represented the buyers in the transaction.
Players
Boca Raton 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
3.14%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93