Updated Oct 28, 2024
National Granite 1031 Services, Inc. Acquires Hobe Sound SFR From Donald Ashley For $3.5M
7320 SE Medalist Pl, Hobe Sound, FL 33455
$3,500,000
$549/SF
Building Size
6,369 SF
Asset Type
Single Family Residence
Closing
Oct 10, 2022
About this deal
AI
A single-family home located at 7320 SE Medalist Pl in Hobe Sound has been sold for $3,500,000. The property spans 6,369 square feet, resulting in a price per square foot of $550. The transaction took place on October 11, 2022.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,500,000
- Address: 7320 SE Medalist Pl
- Market: Hobe Sound
National Granite 1031 Services, Inc. purchased the property from Donald Ashley. Erin Bernhardt from Compass represented the buyer, National Granite 1031 Services, Inc., in this deal.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93