Updated Dec 20, 2023
Kim Jape Acquires SFR In Boca Raton For $3.7M
737 Northeast Boca Bay Colony Drive, Boca Raton, FL, USA
$3,700,000
$686/SF
Building Size
5,388 SF
Asset Type
Single Family Residence
Closing
Mar 7, 2021
About this deal
AI
The recent sale in Boca Raton involved a single-family home located at 737 NE Boca Bay Colony Drive. The property, with a total square footage of 5,388, was sold for a price of $3,700,000, resulting in a price per square foot of $687. The deal was completed on 03/08/2021. The transaction was facilitated by Monique Jemini, who represented the seller, Shawn Meaike. The buyer was Kim Jape. Monique Jemini acted as the seller's representative in the deal.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $3,700,000
- Address: 737 NE Boca Bay Colony Drive
- Market: Boca Raton
This sale in Boca Raton provides a glimpse into the local real estate market. The transaction was successfully completed with Kim Jape as the buyer and Shawn Meaike as the seller. Monique Jemini played a crucial role as the seller's representative in ensuring the smooth execution of the deal.
Players
Boca Raton Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $686 per square foot on a published $3.7M for 5,388 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93