facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Land

/

Sale

/

222 Grove Street

Updated Dec 4, 2024

Stephen Connolly Sells 1.23-Acre Land In Wellesley, MA For $2.6M
SOLDLand

Stephen Connolly Sells 1.23-Acre Land In Wellesley, MA For $2.6M

222 Grove Street

$2,600,000

Building Size

Asset Type

Land

Closing

May 29, 2024

About this deal

AI

A 1.23-acre parcel of land at 222 Grove in Wellesley, MA was sold for $2.6 million. Situated in Wellesley's Dana Hall neighborhood, the property offers privacy and proximity to top-rated schools and amenities, presenting an opportunity for building a dream home.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $2,600,000
  • Address: 222 Grove Street
  • Market: Wellesley, MA
  • Broker: Stephen Connolly - Douglas Elliman
  • Asset Type: Land
  • Acres: 1.23

The transaction at 222 Grove Street in Wellesley, MA was facilitated by Stephen Connolly from Douglas Elliman. The property's location in the Dana Hall neighborhood offers a serene setting with convenient access to the area's renowned schools and amenities.

Players

Stephen Connolly

Douglas Elliman

Broker

$2.6M

vol

1 deal

Broker

Wellesley Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Deal FAQ

Visit Douglas Elliman to view all their deals.

Browse Wellesley land sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets