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
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