Douglas Elliman Acquires SFR In Boca Raton For $3.5M
SOLD
$3,500,000
Florida
See Similar DealsSingle Family Residence6,151 SF
Sold 09/08/2020
SOLD
Douglas Elliman Acquires SFR In Boca Raton For $3.5M
800 Harbour Dr, Boca Raton, FL 33431, USA
See Similar DealsSingle Family Residence6,151 SF
Sold 09/08/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$569
Total Square Footage:6,151 SF
Transaction Type:Sale
The closed property transaction took place in Boca Raton, at 800 NE Harbour Drive. The single-family residential (SFR) property was sold for a total price of $3,500,000. It spans 6,151 square feet, with a price per square foot of $569.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,500,000
- Address: 800 NE Harbour Drive
- Market: Boca Raton
- Brokers: Annelle Gonzalez & Jeff Wilson - Douglas Elliman
The deal was facilitated by Annelle Gonzalez and Jeff Wilson, representing Douglas Elliman. They played a crucial role in the successful sale of the property at 800 NE Harbour Drive in Boca Raton.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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