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Justin Verlander And Kate Upton Acquire Single Family Home In Jupiter For $6.55M

Property Image
SOLD
$6,550,000
Ashley Kaplan
Shannon Ball
Brad Ball
+ 2

Florida

See Similar Deals
Single Family1,417 SF
Sold 08/27/2021
the dealplayerscompscontact
Property Image
SOLD

Justin Verlander And Kate Upton Acquire Single Family Home In Jupiter For $6.55M

Jupiter, FL, USA

See Similar Deals
Single Family1,417 SF
Sold 08/27/2021
Ashley Kaplan
Shannon Ball
Brad Ball
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$4,622
Total Square Footage:1,417 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located in Jupiter. The sale took place on August 27, 2021, with a sale price of $6,550,000. The property spans 1,417 square feet and sits on a 1.1-acre lot. The price per square foot for this transaction is $1,417, and the price per acre is $5,954,545.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,550,000
  • Square Footage: 1,417
  • Price per Square Foot: $1,417
  • Lot Size: 1.1 acres
  • Price per Acre: $5,954,545

The buyers in this transaction were Justin Verlander, a professional baseball player, and Kate Upton, a model and actress. They were represented by Ashley Kaplan from Premier Properties of South FL. On the other side, the sellers were represented by Brad Ball and Shannon Ball from Frankel Ball Realty LLC.

Players

Brad Ball
Brad Ball
6 deals$40.3M volume
BROKER
Shannon Ball
Shannon Ball
4 deals$27.4M volume
BROKER
Ashley Kaplan
Ashley Kaplan
2 deals$16.3M volume
BROKER
JV
Justin Verlander
3 deals$34.3M volume
BROKER
KU
Kate Upton
3 deals$34.3M volume
BROKER

Details

SOLD
IMAGE: Ashley Kaplan, Brad Ball, Justin Verlander, Shannon Ball & Kate Upton DATE: 08/27/2021 MARKET: Jupiter ASSET TYPE: Single Family BUYER: @JustinVerlander ⚾️ & @KateUpton BUYER'S REP: Ashley Kaplan - Premier Properties of South FL SELLER'S REP: Brad Ball & Shannon Ball - Frankel Ball Realty LLC SALE PRICE: $6,550,000 SF: 1,417 ~ PPSF: $1,417 ACRES: 1.1 ~ PPA: $5,954,545

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$349,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$23,270.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,050.34
Annual Debt Service$372,604.10