John Cregan & Lisa Cregan Of Sotheby's International Realty Represent Buyer In $11.3M Palm Beach Sale
SOLD
Florida
See Similar DealsSingle Family Residence4,500 SF
Sold 08/27/2025
SOLD
John Cregan & Lisa Cregan Of Sotheby's International Realty Represent Buyer In $11.3M Palm Beach Sale
236 Pendleton Avenue
See Similar DealsSingle Family Residence4,500 SF
Sold 08/27/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,511
Total Square Footage:4,500 SF
Transaction Type:Sale
The asset involved in the transaction is a Single Family property located at 236 Pendleton Avenue in the Palm Beach market. The property encompasses 4,500 square feet and was sold for $11,300,000, which equates to a price per square foot of $2,511.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $11,300,000
- Square Footage: 4,500
- Price Per Square Foot: $2,511
- Address: 236 Pendleton Avenue
- Market: Palm Beach
- Buyer's Representative: John Cregan & Lisa Cregan - Sotheby's International Realty
- Seller's Representative: Todd Peter - Sotheby's International Realty
This transaction was facilitated by John Cregan and Lisa Cregan representing the buyer, while Todd Peter represented the seller, both through the agency Sotheby's International Realty.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$602,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,146.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,567.76
Annual Debt Service$642,813.18
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