Alexander Fanjul Acquires Single-Family Property In Jupiter For $5.15M From Seller John & Janyce Brown
SOLD
$5,150,000
Florida
See Similar DealsSingle Family3,534 SF
Sold 10/01/2021
SOLD
Alexander Fanjul Acquires Single-Family Property In Jupiter For $5.15M From Seller John & Janyce Brown
Jupiter, FL, USA
See Similar DealsSingle Family3,534 SF
Sold 10/01/2021
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,457
Total Square Footage:3,534 SF
Transaction Type:Sale
A single-family property located in Jupiter was recently sold for a price of $5,150,000. The property spans 3,534 square feet, resulting in a price per square foot of $1,457. The transaction took place on October 1, 2021, with Brad Ball and Shannon Ball from Frankel Ball Realty LLC representing the buyer and John & Janyce Brown as the sellers.
Summary of transaction details
- Property Type: Single-Family
- Transaction Amount: $5,150,000
- Square Footage: 3,534
- Price per Square Foot: $1,457
- Market: Jupiter
Brad Ball and Shannon Ball from Frankel Ball Realty LLC served as the brokers in this sale. Alexander Fanjul purchased the property from John & Janyce Brown. The transaction highlights their commitment to the Jupiter market and showcases the expertise of Brad Ball and Shannon Ball as the buyer's representatives.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$274,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,296.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,413.63
Annual Debt Service$292,963.53
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