Updated Sep 9, 2024
Christopher Galvin And Cindy Galvin Acquire Palm Beach Single Family Home For $46M
Palm Beach, FL, USA
$46,000,000
Building Size
—
Asset Type
Single Family
Closing
Jun 17, 2022
About this deal
AI
The property involved in this transaction is a single-family home located in Palm Beach. The sale took place on June 17, 2022. The property has a total square footage of 9,600, and the sale price was $46,000,000, resulting in a price per square foot of $4,792.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $46,000,000
- Buyer: Christopher Galvin otorolaus & Cindy Galvin - Best-Selling Author
- Seller: Suzanne & Jeffrey Walker
- Buyer's Rep: Christian Angle - Christian Angle Real Estate
- Seller's Rep: Suzanne Frisbie - Corcoran
Christopher Galvin otorolaus and Cindy Galvin, who is a best-selling author, purchased the property from Suzanne and Jeffrey Walker. The buyer was represented by Christian Angle from Christian Angle Real Estate, while the seller was represented by Suzanne Frisbie from Corcoran.
Players
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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93