Updated Dec 4, 2024
Coldwell Banker Realty Agents Complete $1.1M Sale Of Multifamily Property In Wellesley, MA
32 Kingsbury Street
$1,100,000
$513/SF
Building Size
2,144 SF
Asset Type
MultiFamily
Closing
Aug 28, 2023
About this deal
AI
A multifamily property located at 32 Kingsbury Street in Wellesley, Massachusetts, was sold for $1.1 million. The property spans 2,144 square feet, resulting in a price per square foot of $513.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 32 Kingsbury Street, Wellesley, MA
- Market: Wellesley, MA
The buyer's representative in the transaction was Patrice Clunan from Coldwell Banker Realty - Brookline, while the seller's representative was Harold Klingsberg from Coldwell Banker Realty - Newton.
The multifamily sale at 32 Kingsbury Street in Wellesley Hills, Massachusetts sold for $1.1M in 2023. The building is 2,144 square feet, implying about 513 per square foot on the published price. Harold Klingsberg, Patrice Clunan, Coldwell Banker appear on the sale alongside Coldwell Banker. This page is the Wellesley Hills, Massachusetts file for the 32 Kingsbury Street multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Wellesley Hills sit in the Market section below. Filter that Wellesley Hills multifamily set by closing date to see what else sold near 32 Kingsbury Street around 2023. Published consideration for 32 Kingsbury Street is $1.1M, dated 2023. Cite this Coldwell Banker Realty Agents Complete $1.1M Sale Of Multifamily Property In Wellesley, MA sale when underwriting similar multifamily product around Wellesley Hills, Massachusetts.
Players
Wellesley Hills 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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93