Melissa Dailey & Kerry Sullivan Facilitate $1.075M Multifamily Sale In Wellesley, MA
12 Donizetti Street
$1,075,000
$583/SF
Building Size
1,842 SF
Asset Type
MultiFamily
Closing
May 22, 2024
AI
A two-unit multifamily property in Wellesley, MA, located at 12 Donizetti St, sold for $1,075,000, featuring four bedrooms, two bathrooms, and 1,842 square feet of space. The property was transacted at a price per unit of $537,500 and a price per square foot of $584.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Units: 2
- Price Per Unit: $537,500
- Square Footage: 1,842
- Price Per Square Foot: $584
- Address: 12 Donizetti Street
- Market: Wellesley, MA
Melissa Dailey from Coldwell Banker represented the buyer in this transaction, while Kerry Sullivan from William Raveis Real Estate represented the seller.
Players
Wellesley MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93