Updated Oct 29, 2024
Newsha & Jason McCarthy Purchase Single Family Home In Boca Raton For $19M
Boca Raton, FL, USA
$19,000,000
$1,616/SF
Building Size
11,753 SF
Asset Type
Single Family Residence
Closing
Aug 2, 2020
About this deal
AI
Holly Meehan, along with David Meehan of GEO Care, sold a single-family property in Boca Raton for a total of $19,000,000. The property, spanning across 11,753 square feet, was purchased by Newsha & Jason McCarthy. The sale price equates to a price per square foot of $1,617.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $19,000,000
- Market: Boca Raton
- Buyer: Newsha & Jason McCarthy
- Seller: Holly Meehan; David Meehan - GEO Care
- Square Footage: 11,753
- Price Per Square Foot: $1,617
This transaction involved Holly Meehan, represented by GEO Care, as the seller, and Newsha & Jason McCarthy as the buyers. The property, located in Boca Raton, was sold for a substantial amount of $19,000,000. The buyers, Newsha & Jason McCarthy, acquired the property for its market value.
Players
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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93