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8422 Lookout Cir Boca Raton...

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

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

8422 Lookout Cir Boca Raton, FL 33496, USA

$7,200,000

$800/SF

Building Size

9,000 SF

Asset Type

Single Family Residence

Closing

May 5, 2023

AI

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

Sotheby's International Realty

Broker

$35.9M

vol

3 deals

Broker

Benjamin Landa

Buyer

$70.5M

vol

4 deals

Buyer

Miami Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93