Anthony Marlowe Purchases Single Family Home From Christy Thompson Dos Hermanas For $15.6M
3090 South Ocean Boulevard
$15,600,000
$1,040/SF
Building Size
15,000 SF
Asset Type
Single Family Residence
Closing
Oct 4, 2024
AI
The property asset involved in the transaction is a single-family home located at 3090 South Ocean Boulevard in Manalapan. The sale price of the property was $15,600,000, encompassing a total square footage of 15,000, which translates to a price per square foot of $1,040.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,600,000
- Address: 3090 South Ocean Boulevard
- Market: Manalapan
- Buyer: Anthony Marlowe
- Seller: Christy Thompson - Dos Hermanas
- Brokers: Madison Collum & Sandra Tagliamonte - Sotheby's International Realty
The deal was facilitated by the brokerage team of Madison Collum and Sandra Tagliamonte, who represented the seller, Christy Thompson - Dos Hermanas, in this transaction.
Players
Lantana 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
1.02%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93