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
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