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13943 Chester Bay Ln, North...

Updated Oct 29, 2024

Mark Egan & Constance J. Petersen Acquire North Palm Beach SFR For $6M
SOLDSingle Family Residence

Mark Egan & Constance J. Petersen Acquire North Palm Beach SFR For $6M

13943 Chester Bay Ln, North Palm Beach, Fl 33408, Estados Unidos

$6,000,000

$1,377/SF

Building Size

4,357 SF

Asset Type

Single Family Residence

Closing

Nov 19, 2020

About this deal

AI

A single-family residential (SFR) property located at 13943 Chester Bay Lane in North Palm Beach has been sold in a recent transaction. The property spans 4,357 square feet and was sold for $6,000,000, resulting in a price per square foot of $1,377. The sale was completed on November 20, 2020.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $6,000,000
  • Address: 13943 Chester Bay Lane, North Palm Beach
  • Market: North Palm Beach

The buyers in this transaction were Mark Egan and Constance J. Petersen. Representing the buyers was Lynda Smith from One Sotheby's International Realty. The sellers of the property were Rachel Campbell and David R. Campbell, who are associated with David Campbell MDPA Spine Center. Christina Zecca from Illustrated Properties served as the seller's representative in this deal.

With a transaction amount of $6,000,000, this closed sale offers insights into the high-end residential market in North Palm Beach. The property features a spacious 4,357 square feet of living space, providing ample room for comfortable living. The price per square foot of $1,377 indicates the desirability and value of the property in the market.

Players

North Palm Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $6M for 4,357 square feet (2020).

Browse New Jersey single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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