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45 Chiltern Road

Chaplin Partners Represents Buyer In $1.95M Sale Of 1.24 Acre MultiFamily In Weston, MA
SOLDMultiFamily

Chaplin Partners Represents Buyer In $1.95M Sale Of 1.24 Acre MultiFamily In Weston, MA

45 Chiltern Road

$1,950,000

Building Size

Asset Type

MultiFamily

Closing

Aug 8, 2024

AI

This multi-family property, located at 45 Chiltern Road in Weston, MA, comprises 1.24 acres. The transaction closed at a sale price of $1,950,000. The wooded lot is situated on Weston's South Side, near multimillion-dollar homes. It features a new 5-bedroom septic system and is conveniently close to top schools, the Mass Pike, and the Wellesley Farms Train Station.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,950,000
  • Address: 45 Chiltern Road
  • Market: Weston, MA
  • Acres: 1.24
  • Buyer's Representative: Chaplin Partners - Compass
  • Seller's Representative: Melissa Dailey - Coldwell Banker

The transaction involved Chaplin Partners representing the buyer and Melissa Dailey from Coldwell Banker representing the seller, facilitating the successful sale of the property without any additional financing details. This deal highlights the collaboration between the involved brokerage firms for this notable property transaction.

Players

Melissa Dailey

Coldwell Banker

Broker

$22.2M

vol

7 deals

Broker

Weston 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

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93