Wendy Goldsmith Acquires Single Family Property In West Palm Beach For $6.5M
6255 Washington Road
$6,500,000
$1,888/SF
Building Size
3,442 SF
Asset Type
Single Family
Closing
Feb 5, 2024
AI
The single-family property located at 6255 Washington Road in West Palm Beach has been sold for a price of $6,500,000. Spanning across 3,442 square feet, the property was valued at approximately $1,888 per square foot.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: $6,500,000
- Buyer: Wendy Goldsmith
- Buyer's Counsel/Attorney: Naomi Ayala - The Ayala Firm
- Buyer's Representative: Lisa Mastronardi - Illustrated Properties Real Estate
- Seller's Representative: Lisa Wilkinson - Douglas Elliman
Naomi Ayala from The Ayala Firm represented the buyer, Wendy Goldsmith, during the transaction. Lisa Mastronardi, a representative from Illustrated Properties Real Estate, acted as the buyer's representative. On the other hand, Lisa Wilkinson from Douglas Elliman represented the seller.
Players
West Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93