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
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