facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

9 Golfview Rd, Palm Beach, ...

Howard Martin Sprock III Acquires Palm Beach Single Family For $8.25M
SOLDSingle Family Residence

Howard Martin Sprock III Acquires Palm Beach Single Family For $8.25M

9 Golfview Rd, Palm Beach, FL, USA

$8,250,000

$1,343/SF

Building Size

6,143 SF

Asset Type

Single Family Residence

Closing

Apr 8, 2021

AI

Located in Palm Beach, the single-family property at 9 Golfview Rd has been sold in a recent transaction. The property spans approximately 6,143 square feet and was sold for a price of $8,250,000, resulting in a price per square foot of $1,343. The sale took place on April 9, 2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $8,250,000
  • Address: 9 Golfview Rd, Palm Beach
  • Market: Palm Beach

The buyer of the property is Howard Martin Sprock III, while the sellers include Betsy Shiverick, Paul Shiverick, Anne Fairfax, and Richard Sammons. Representing the buyer in this transaction is Adam McPherson. On the other hand, Cara Coniglio McClure and Lisa Wilkinson, affiliated with Douglas Elliman Real Estate, served as the sellers' representatives.

Players

Lisa Wilkinson

Douglas Elliman

Broker

$87M

vol

11 deals

Broker

North Palm Beach 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

1.92%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93