Antonio Neri's Hewlett Packard Enterprises Sells Delray Beach Single Family Property For $14M With Senada Adzem - Douglas Elliman
SOLD
$14,000,000
Florida
See Similar DealsSingle Family12,786 SF
Sold 11/12/2021
SOLD
Antonio Neri's Hewlett Packard Enterprises Sells Delray Beach Single Family Property For $14M With Senada Adzem - Douglas Elliman
Delray Beach, FL, USA
See Similar DealsSingle Family12,786 SF
Sold 11/12/2021
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,094
Total Square Footage:12,786 SF
Transaction Type:Sale
A single-family property in Delray Beach has been sold for $14,000,000. The property, located on a 2.5-acre lot, offers a spacious living space of 12,786 square feet. This sale transaction took place on November 12, 2021.
Summary of Transaction Details:
- Property Type: Single Family
- Transaction Amount: $14,000,000
- Market: Delray Beach
- Lot Size: 2.5 acres
- Square Footage: 12,786
The seller of this property is Antonio Neri, representing Hewlett Packard Enterprises. The deal was facilitated by broker Senada Adzem from Douglas Elliman. The sale price of $14,000,000 translates into a price per square foot of $1,095.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$746,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,739.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,367.14
Annual Debt Service$796,405.71
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