facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Single Family Residence

/

Sale

/

Wellington, FL, USA

Joan Jacobs Acquires 11.4 Acre Single Family Property In Wellington For $11M
SOLDSingle Family Residence

Joan Jacobs Acquires 11.4 Acre Single Family Property In Wellington For $11M

Wellington, FL, USA

$11,000,000

$1,528/SF

Building Size

7,199 SF

Asset Type

Single Family Residence

Closing

Oct 8, 2021

AI

A single-family property spanning 11.4 acres in Wellington has been sold for $11,000,000. The transaction took place on 10/08/2021 in the Wellington market. The property offers a living area of 2,996 square feet, resulting in a price per square foot of $3,672. Amy Carr, Louis Jacobs, and David Welles are featured in the image associated with this sale.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $11,000,000
  • Market: Wellington
  • Acreage: 11.4
  • Square Footage: 2,996

Joan Jacobs and Louis Jacobs, representing Delaware North, acquired the property from the seller, Jeannie Harrison. Amy Carr of Westwind Realty, LLC served as the buyer's representative, while David Welles, an agent with Equestrian Sotheby's International Realty, represented the seller in the transaction.

Players

Amy Carr

Broker

$21M

vol

2 deals

Broker

Wellington 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

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93