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790 South County Road, Palm...

Cobey W. Rapaport Sells Palm Beach SFR For $30.9M With Buyer's Rep Ann Summers
SOLDSingle Family Residence

Cobey W. Rapaport Sells Palm Beach SFR For $30.9M With Buyer's Rep Ann Summers

790 South County Road, Palm Beach, FL, USA

$30,985,000

$1,822/SF

Building Size

17,000 SF

Asset Type

Single Family Residence

Closing

Feb 7, 2021

AI

The property involved in this transaction is a single-family home located at 790 S. County Road in Palm Beach. The seller of the property is Cobey W. Rapaport. The buyer is represented by Ann Summers from Brown Harris Stevens, while Christian Angle from Christian Angle Real Estate represents the seller. The transaction took place on 02/08/2021.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $30,985,000
  • Address: 790 S. County Road
  • Market: Palm Beach
  • Square Footage: 17,000
  • Price Per Square Foot: $1,822

This transaction involved Ann Summers from Brown Harris Stevens as the buyer's representative and Christian Angle from Christian Angle Real Estate as the seller's representative. They played a crucial role in facilitating the deal.

Players

Christian Angle

Christian Angle Real Estate

Broker

$2.7B

vol

99 deals

Broker

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

0.51%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93