Updated Dec 21, 2023
Jeong H. Kim Acquires SFR Property In North Palm Beach For $8.5M
1328 Lake Worth Ln, North Palm Beach, Fl 33408, Usa
$8,500,000
$2,015/SF
Building Size
4,218 SF
Asset Type
Single Family Residence
Closing
Sep 3, 2020
About this deal
AI
The property at 1328 Lake Worth Lane in North Palm Beach has been sold for $8,500,000 in a recent transaction. The single-family residential (SFR) asset was involved in the deal.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,500,000
- Seller: Donald B. Stott
- Buyer: Jeong H. Kim – Kiswe Mobile, Cynthia Kim
Jeong H. Kim of Kiswe Mobile, along with Cynthia Kim, purchased the property from the seller, Donald B. Stott.
The single family residence sale at 1328 Lake Worth Ln, North Palm Beach, Fl 33408, Usa in North Palm Beach, New York sold for $8.5M in 2020. The building is 4,218 square feet, implying about 2K per square foot on the published price. This page is the North Palm Beach, New York file for the 1328 Lake Worth Ln, North Palm Beach, Fl 33408, Usa single family residence sold: pricing, party profiles, and other closed single family residence comps from the same North Palm Beach sit in the Market section below. Filter that North Palm Beach single family residence set by closing date to see what else sold near 1328 Lake Worth Ln, North Palm Beach, Fl 33408, Usa around 2020. Published consideration for 1328 Lake Worth Ln, North Palm Beach, Fl 33408, Usa is $8.5M, dated 2020. Cite this Jeong H. Kim Acquires SFR Property In North Palm Beach For $8.5M sale when underwriting similar single family residence product around North Palm Beach, New York.
Players
North Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $2K per square foot on a published $8.5M for 4,218 square feet (2020).
Browse New York single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93