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6709 South Flagler Drive, W...

Chilton Investment Company & Caroline Rafferty Interiors Acquire Single Family Home In West Palm Beach For $6.8M
SOLDSingle Family Residence

Chilton Investment Company & Caroline Rafferty Interiors Acquire Single Family Home In West Palm Beach For $6.8M

6709 South Flagler Drive, West Palm Beach, FL, USA

$6,772,000

$1,009/SF

Building Size

6,706 SF

Asset Type

Single Family Residence

Closing

May 27, 2021

AI

Located at 6709 South Flagler Drive in West Palm Beach, this single-family property was recently sold. The transaction, which took place on May 28, 2021, involved a property with a total area of 6,706 square feet. The sale price for this property was $6,772,000, resulting in a price per square foot of $1,010.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $6,772,000
  • Address: 6709 South Flagler Drive, West Palm Beach
  • Market: West Palm Beach

Nicholas Rafferty from Chilton Investment Company and Caroline Rafferty from Caroline Rafferty Interiors were the buyers in this transaction. The sellers were Monica Oberting and Greg Oberting from Rail Modal Group. The deal was facilitated by Brown Harris Stevens brokers, John H. Stewart and Blair Kirwan.

Players

John J. Stewart

Marcus & Millichap

Broker

$212.6M

vol

30 deals

Broker

West 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

2.34%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93