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Melissa Dailey & Kerry Sullivan Facilitate $1.075M Multifamily Sale In Wellesley, MA
SOLD
Massachusetts
See Similar DealsMultiFamily1,842 SF
Sold 05/22/2024
SOLD
Melissa Dailey & Kerry Sullivan Facilitate $1.075M Multifamily Sale In Wellesley, MA
12 Donizetti Street
See Similar DealsMultiFamily1,842 SF
Sold 05/22/2024
Summary
MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$583
Total Square Footage:1,842 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$57,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,819.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,096.05
Annual Debt Service$61,152.58
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