Babe Rizzuto Acquires Jupiter Single Family Property For $35.5M
$35,500,000
$3,227,272/SF
Building Size
11 SF
Asset Type
Single Family Residence
Closing
Oct 8, 2022
AI
Located in Jupiter, this single-family property sits on a spacious 2.3-acre lot. The property was recently sold on 08/10/2022. The transaction was closed for a sale price of $35,500,000, with a selling price per square foot of $3,227. The property spans over 11,000 square feet.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $35,500,000
- Acres: 2.3
The buyer of this property is Babe Rizzuto, the heir of Conair. Represented by Andrew Russo from Illustrated Properties, Babe Rizzuto successfully acquired this home from Lesley and Robert Stone. Milla Russo, also from Russo Group - Illustrated Properties, represented the sellers in the transaction.
Players
Market 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
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93