Updated Dec 20, 2023
Blue Ocean Realty Acquires Multifamily Property On Oak St In Wellesley, MA For $1.85M
31 Oak Street, Wellesley, Massachusetts 02482, United States
$1,850,000
$457/SF
Building Size
4,042 SF
Asset Type
MultiFamily
Closing
Dec 30, 2021
About this deal
AI
A multifamily property located at 31 Oak St in Wellesley, MA was recently sold for a price of $1,850,000. The property spans across 4,042 square feet, resulting in a price per square foot of $458.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,850,000
- Square Footage: 4,042
- Price per Square Foot: $458
- Address: 31 Oak St, Wellesley, MA
- Market: Wellesley, MA
The sale was facilitated by Yang Liu from Blue Ocean Realty, Llc, who represented the buyer and seller in this transaction.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93