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Bret & Amy Baier Sell Palm Beach Home For $13.49M With Christian Angle
SOLD
$13,490,000
Florida
See Similar DealsSingle Family4,162 SF
Sold 01/12/2024
SOLD
Bret & Amy Baier Sell Palm Beach Home For $13.49M With Christian Angle
244 Fairview Road
See Similar DealsSingle Family4,162 SF
Sold 01/12/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,241
Total Square Footage:4,162 SF
Transaction Type:Sale
The single-family property located at 244 Fairview Road in Palm Beach was sold for $13.49 million. The house spans 4,162 square feet and was purchased by Amy & Bret Baier. The property boasts an expansive lot measuring 0.26 acres.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $13,490,000
- Address: 244 Fairview Road
- Market: Palm Beach
- Seller: Amy & Bret Baier
The sale was handled by broker Christian Angle from Christian Angle Real Estate. Amy & Bret Baier were the sellers of the property, making a profit from their previous purchase in 2022. They currently own a larger residence in the North End area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$719,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,927.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,949.48
Annual Debt Service$767,393.79
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