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Matthew Engellenner & Estefania Egred Acquire SFR In Wayland, MA For $2M

Property Image
SOLD
$2,000,000

Massachusetts

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Single Family Residence5,220 SF
Sold 08/15/2022
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Property Image
SOLD

Matthew Engellenner & Estefania Egred Acquire SFR In Wayland, MA For $2M

15 Woodridge Road

See Similar Deals
Single Family Residence5,220 SF
Sold 08/15/2022
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$383
Total Square Footage:5,220 SF
Transaction Type:Sale

Located in Wayland, MA, the property at 15 Woodridge Rd has recently been sold in a closed transaction. This single-family residence (SFR) spans across 5,220 square feet, offering ample space for its new owners. The sale price for this property was $2,000,000, resulting in a price per square foot (PPSF) of approximately $383.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $2,000,000
  • Square Footage: 5,220
  • Price per Square Foot: $383
  • Address: 15 Woodridge Rd, Wayland, MA
  • Market: Wayland, MA

The buyers of this property are Matthew Engellenner and Estefania Egred, while the sellers are Kyung Kin and Heather Rafey. Representing the deal, Bunmi Okoya and Eileen Balicki from Chinatti Realty served as the brokers. The transaction was successfully completed by these key individuals and companies involved, ensuring a smooth process for all parties.

Players

Bunmi Okoya
4 deals$6.7M volume
BROKER

Eileen Balicki
Advisors Living
2 deals$5.4M volume
BROKER

Details

SOLD
IMAGE: Bunmi Okoya DATE: 08/15/2022 ADDRESS: 15 Woodridge Rd MARKET: Wayland, MA ASSET TYPE: SFR BUYER: Matthew Engellenner & Estefania Egred SELLER: Kyung Kin & Heather Rafey BROKER: Bunmi Okoya (@RealtywithBunmi) & Eileen Balicki - Chinatti Realty SALE PRICE: $2,000,000 SF: 5,220 ~ PPSF: $383

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24