Douglas Elliman Broker Senada Adzem Facilitates $17 Million Sale Of SFR In Delray Beach By Michelle And Seth Cohen
9200 Rockybrook Way, Delray Beach, FL, USA
$17,000,000
$933/SF
Building Size
18,206 SF
Asset Type
Single Family Residence
Closing
Jan 29, 2020
AI
The property asset involved in this transaction is a single-family residence located at 9200 Rockybrook Way in Delray Beach. The residence spans a total of 18,206 square feet and has been sold for $17,000,000, resulting in a price per square foot of $933.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $17,000,000
- Address: 9200 Rockybrook Way
- Market: Delray Beach
- Square Footage: 18,206
- Price Per Square Foot: $933
- Seller: Michelle & Seth Cohen
- Broker: Senada Adzem - Douglas Elliman
- Date of Transaction: 01/30/2020
In this transaction, Senada Adzem represented the sellers, Michelle and Seth Cohen, facilitating the sale of the property. The involvement of Douglas Elliman as the brokerage highlights the professional support provided throughout the transaction process.
Players
Delray Beach 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
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93