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8540 Surrey Ln, Boca Raton,...

Golden Keys Inc Acquires SFR In Boca Raton For $3.2M With Buyer's Rep Karina Frangulyan & Seller's Rep Katia Reisler
SOLDSingle Family Residence

Golden Keys Inc Acquires SFR In Boca Raton For $3.2M With Buyer's Rep Karina Frangulyan & Seller's Rep Katia Reisler

8540 Surrey Ln, Boca Raton, FL, USA

$3,200,000

$505/SF

Building Size

6,334 SF

Asset Type

Single Family Residence

Closing

Apr 29, 2021

AI

A single-family home located at 8540 Surrey Ln in Boca Raton has been sold. The property spans 6,334 square feet and sits on 5 acres of land. It was listed for $4,000,000 and sold for $3,200,000, resulting in a price per square foot of $505. The transaction was finalized on April 30, 2021. The buyer was represented by Karina Frangulyan from Golden Keys Inc, while the seller was represented by Katia Reisler from Douglas Elliman Florida.

Summary of transaction details

  • Property Type: Single-Family Home
  • Transaction Amount: $3,200,000
  • Address: 8540 Surrey Ln
  • Market: Boca Raton
  • Asking Price: $4,000,000
  • Square Footage: 6,334 sqft
  • Price per Square Foot: $505
  • Acres: 5

Karina Frangulyan from Golden Keys Inc represented the buyer in this transaction, while Katia Reisler from Douglas Elliman handled the seller's side.

Players

Katia Reisler

Douglas Elliman

Broker

$11.1M

vol

3 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

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93