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820 Ne Bay Isle Dr

Alan And Judith Fellheimer Purchase Single Family Residence From Garbiso Family Trust For $4M
SOLDSingle Family Residence

Alan And Judith Fellheimer Purchase Single Family Residence From Garbiso Family Trust For $4M

820 Ne Bay Isle Dr

$4,000,000

$813/SF

Building Size

4,917 SF

Asset Type

Single Family Residence

Closing

Mar 18, 2025

AI

The property involved in this transaction is a single-family residence located at 820 Ne Bay Isle Dr in Boca Raton. The transaction was finalized at a price of $4,000,000.00, and the property encompasses a square footage of 4,917.0.

Summary of transaction details:

In this transaction, the Garbiso Family Trust acted as the seller while Alan and Judith Fellheimer were the buyers. The buyers were represented in the deal by Andre Huyghues Despointes from Sutter & Nugent.

Players

Andre Huyghues Despointes

Compass

Broker

$16.9M

vol

6 deals

Broker

Boca Raton 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

3.97%

Cash-on-Cash

-1.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93