Updated Dec 21, 2023
Compass Broker Sells 1.29-Acre Land In Wellesley, MA For $2.4M
60 Livingston Road, Wellesley, Massachusetts 02482, United States
$2,373,000
$42/SF
Building Size
56,192 SF
Asset Type
—
Closing
Apr 14, 2022
About this deal
AI
Located in Wellesley, MA, a 1.29-acre land at 60 Livingston Rd has been sold for a total of $2,373,000. The transaction was facilitated by Beyond Boston Properties Group, representing the seller, Compass.
Summary of transation details
- Property Type: Land
- Transaction Amount: $2,373,000
- Address: 60 Livingston Rd
- Market: Wellesley, MA
This deal involved Lisa Curlett, Maura Dolan, and Tricia Parmele. They played a crucial role in the transaction, ensuring its successful completion.
The commercial sale at 60 Livingston Road, Wellesley, Massachusetts 02482, United States in Wellesley, Massachusetts sold for $2.4M in 2022. The building is 56,192 square feet, implying about 42 per square foot on the published price. Tricia Parmele, Maura Dolan, Lisa Curlett, Compass appear on the sale alongside Compass. This page is the Wellesley, Massachusetts file for the 60 Livingston Road, Wellesley, Massachusetts 02482, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Wellesley sit in the Market section below. Filter that Wellesley commercial set by closing date to see what else sold near 60 Livingston Road, Wellesley, Massachusetts 02482, United States around 2022. Published consideration for 60 Livingston Road, Wellesley, Massachusetts 02482, United States is $2.4M, dated 2022. Cite this Compass Broker Sells 1.29-Acre Land In Wellesley, MA For $2.4M sale when underwriting similar commercial product around Wellesley, Massachusetts.
Players
Wellesley CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93