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Jupiter, FL, USA

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

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

Jupiter, FL, USA

$6,550,000

$4,622/SF

Building Size

1,417 SF

Asset Type

Single Family

Closing

Aug 27, 2021

AI

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

Broker

$40.3M

vol

6 deals

Broker

Jupiter 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

2.42%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93