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Benjamin Landa Acquires Katy Hearn & Haydn Schneider's Boca Raton Mansion For $7.2M

Property Image
SOLD
$7,200,000
Brad Schwartzman
John Poletto
+ 1

Florida

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Single Family Residence9,000 SF
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Benjamin Landa Acquires Katy Hearn & Haydn Schneider's Boca Raton Mansion For $7.2M

8422 Lookout Cir Boca Raton, FL 33496, USA

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Single Family Residence9,000 SF
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$800
Total Square Footage:9000 SF
Transaction Type:Sale

A non-waterfront Boca Raton mansion located at 8422 Lookout Circle has been sold for $7.2 million. The property, spanning 1.1 acres, features a 9,000-square-foot living space with six bedrooms and seven bathrooms. It also includes a pool, pool house, 600-bottle wine storage, and an outdoor kitchen. The mansion was originally purchased by fitness influencers Katy Hearn and Haydn Schneider in 2018 for $4.8 million.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $7,200,000
  • Address: 8422 Lookout Circle, Boca Raton
  • Market: Boca Raton
  • Square Footage: 9,000
  • Buyer: Benjamin Landa - Sentosa Care
  • Seller: Katy Hearn & Haydn Schneider
  • Buyer's Representative: Brad Schwartzman - Vue Real Estate
  • Seller's Representatives: John Poletto & Mark Nestler - One Sotheby’s International Realty

Benjamin Landa, the CEO of Sentosa Care and a partner in other nursing home operations, purchased the mansion through an LLC managed by him. The transaction was facilitated by Brad Schwartzman from Vue Real Estate, representing the buyer, and John Poletto and Mark Nestler from One Sotheby's International Realty, representing the sellers, Katy Hearn and Haydn Schneider.

Players

John Poletto
3 deals$35.9M volume
BROKER

Mark Nestler
Sotheby's International Realty
2 deals$15.9M volume
BROKER

Brad Schwartzman
VUE Realty Group
2 deals$15.9M volume
BROKER


4 deals$70.5M volume
BUYER

4 deals$70.5M volume
BUYER

Details

SOLD
IMAGE: Mark Nestler & John Poletto DATE: 05/05/2023 ADDRESS: 8422 Lookout Circle MARKET: Boca Raton ASSET TYPE: Single Family ~ ACRES: 1.1 BUYER: Benjamin Landa - Sentosa Care SELLER: Katy Hearn & Haydn Schneider BUYER'S REP: Brad Schwartzman - Vue Real Estate SELLER'S REP: John Poletto & Mark Nestler - One Sotheby’s International Realty SALE PRICE: $7,200,000 SF: 9,000 ~ PPSF: $800 NOTE: Fitness influencers Katy Hearn and Haydn Schneider sold their non-waterfront Boca Raton mansion at 8422 Lookout Circle for $7.2 million to an LLC managed by Benjamin Landa, CEO of Sentosa Care and a partner in other nursing home operations. The 9,000-square-foot mansion, which the couple purchased in 2018 for $4.8 million, features six bedrooms, seven bathrooms, a pool, pool house, 600-bottle wine storage, and an outdoor kitchen.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$25,580.08
Cash-on-Cash Return-1.27%
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