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Charlie Jacobs Of Boston Bruins Acquires Single Family Home From John Malone For $10M In Wellington
SOLD
Florida
See Similar DealsSingle Family8,691 SF
Sold 09/01/2025
SOLD
Charlie Jacobs Of Boston Bruins Acquires Single Family Home From John Malone For $10M In Wellington
2982 Hurlingham Drive
See Similar DealsSingle Family8,691 SF
Sold 09/01/2025
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,150
Total Square Footage:8,691 SF
Transaction Type:Sale
The property involved in this transaction is a single-family home located at 2982 Hurlingham Drive in Wellington. The asset encompasses 0.89 acres and has a total of 8,691 square feet. It was sold for $10,000,000, resulting in a price per square foot of $1,151.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,000,000
- Address: 2982 Hurlingham Drive
- Market: Wellington
- Square Footage: 8,691
- Price Per Square Foot: $1,151
- Buyer: Charlie Jacobs - Boston Bruins
- Seller: John Malone
- Buyer's Representative: Amy Carr - Engel & Völkers Wellington
- Seller's Representative: Cameron Scott - Wellington Equestrian Realty
In this transaction, Charlie Jacobs, CEO of the Boston Bruins, acquired the property from seller John Malone. Amy Carr represented Jacobs in the purchase, while Cameron Scott was the listing agent for Malone.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$533,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22
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