Dana Falk Purchases Single Family Home From Matthew Resnicoff In Jupiter For $15.29M
162 Bears Club Drive
$15,292,470
$1,550/SF
Building Size
9,865 SF
Asset Type
Single Family
Closing
Dec 4, 2024
AI
A single-family mansion located at 162 Bears Club Drive in Jupiter has been sold for $15,292,470. This property features a total area of 9,865 square feet, equating to a price per square foot of $1,550. The sale marks a gain of $800,000 for the seller over the purchase price from 2023, when the property was acquired for $14.5 million.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $15,292,470
- Address: 162 Bears Club Drive
- Market: Jupiter
- Square Footage: 9,865
- Price Per Square Foot: $1,550
- Buyer: Dana Falk
- Seller: Matthew Resnicoff
- Buyer's Representative: Melanie Barre & Sheila Crosby - One Sotheby's International Realty
- Seller's Representative: Johnny DelPrete - Douglas Elliman
The seller, Matthew Resnicoff, is a music producer. The buyer, Dana Falk, is the widow of Baxter executive Ralph N. Falk II. The representatives for each party played key roles in facilitating the transaction, with Melanie Barre and Sheila Crosby representing the buyer and Johnny DelPrete representing the seller.
Players
Jupiter Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93