Updated Sep 9, 2024
Janice & William Sanger Acquire Delray Beach Single Family Property For $33M
Delray Beach, Fl, Usa
$33,000,000
$2,572/SF
Building Size
12,828 SF
Asset Type
Single Family
Closing
Nov 23, 2021
About this deal
AI
A single-family property located in Delray Beach with approximately 2.77 acres of land has recently been sold for a staggering price. The transaction, facilitated by Jack Elkins of William Raveis Real Estate, took place on November 23, 2021. The property, spanning over 12,828 square feet, was captured in an enticing image by Jack Elkins.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $33,000,000
- Market: Delray Beach
- Property Size: 2.77 acres
- Broker: Jack Elkins - William Raveis Real Estate
The buyers, Janice & William Sanger, acquired the property from Carolyn Nachmias. The purchase price of $33,000,000 reflects a per square foot value of $2,572, making this a significant investment. The property offers an impressive 12,828 square feet of living space, providing ample room for the new owners to enjoy.
On the Map
$33,000,000
$2,572/SF
Single Family
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Курск 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
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93