Updated Dec 4, 2024
Shasha Chang & Diane Marcoux Facilitate $2.18M Multifamily Sale In Wellesley, MA
440 Washington Street
$2,180,000
$690/SF
Building Size
3,156 SF
Asset Type
MultiFamily
Closing
Apr 1, 2024
About this deal
AI
440 Washington St in Wellesley, MA, sold for $2,180,000. This completely renovated two-family home offers modern amenities, strong rental history, and convenient access to shops, schools, and commuter rail, presenting versatile possibilities for homeowners or investors.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,180,000
- Units: 2
- Price Per Unit: $1,090,000
- Square Footage: 3,156
- Price Per Square Foot: $691
- Address: 440 Washington Street, Wellesley, MA
- Market: Wellesley, MA
Shasha Chang from Peace of Mind Realty represented the buyer in the transaction, while Diane Marcoux from Charney Real Estate represented the seller.
On the Map
$2,180,000
$690/SF
MultiFamily
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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
7.28%
Cash-on-Cash
-2.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93