Stephen Hall Of Compass Florida Represents Buyer In $11.3M Palm Beach Single Family Sale, Assisted By Seller's Rep Whitney McGurk & Liza Pulitzer
SOLD
$11,290,000
+ 1
Florida
See Similar DealsSingle Family6,247 SF
Sold 01/28/2022
SOLD
Stephen Hall Of Compass Florida Represents Buyer In $11.3M Palm Beach Single Family Sale, Assisted By Seller's Rep Whitney McGurk & Liza Pulitzer
Palm Beach, Florida, United States
See Similar DealsSingle Family6,247 SF
Sold 01/28/2022
+ 1
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,807
Total Square Footage:6,247 SF
Transaction Type:Sale
A single-family home in Palm Beach was recently sold for $11,290,000. The property spans 6,247 square feet, resulting in a price per square foot of $1,807. The transaction took place on January 28, 2022.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $11,290,000
- Market: Palm Beach
The sellers of the property were Eileen Hodges Small and Jeffrey Phillips Small. The buyer was represented by Stephen Hall from Compass Florida, while Whitney McGurk and Liza Pulitzer from Brown Harris Stevens served as the seller's representatives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$602,133.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,111.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,520.36
Annual Debt Service$642,244.32
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