Updated Dec 4, 2024
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
About this deal
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.
On the Map
$6,500,000
$1,888/SF
Single Family
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Players
West Palm Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $6.5M for 3,442 square feet (2024).
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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