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Rutledge Properties Represents Sale Of Wellesley Single Family Home For $6.25M

Property Image
SOLD
$6,250,000
Christine "Chrissie" Lawrence
Betsy Kessler

Massachusetts

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Single Family Residence8,938 SF
Sold 02/25/2021
the dealplayerscompscontact
Property Image
SOLD

Rutledge Properties Represents Sale Of Wellesley Single Family Home For $6.25M

159 Dover Road, Wellesley, MA, USA

See Similar Deals
Single Family Residence8,938 SF
Sold 02/25/2021
Christine "Chrissie" Lawrence
Betsy Kessler
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$699
Total Square Footage:8,938 SF
Transaction Type:Sale

The single-family property located at 159 Dover Road in Wellesley, MA was recently sold. The transaction took place on 02/25/2021 at a sale price of $6,250,000. The property spans an area of 8,938 square feet and is situated on 5.22 acres. The price per square foot is calculated to be $699, while the price per acre is approximately $1,197,318.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,250,000
  • Location: 159 Dover Road, Wellesley, MA
  • Market: Wellesley, MA
  • Size: 8,938 square feet
  • Acres: 5.22
  • Price per Square Foot: $699
  • Price per Acre: $1,197,318

The sale of this property was brokered by Chrissie Lawrence and Betsy Kessler of Rutledge Properties. They represented the buyer and seller in the deal, showcasing their expertise and professionalism.

Players

Christine "Chrissie" Lawrence
Christine Lawrence
2 deals$9.1M volume
BROKER
Betsy Kessler
Betsy Kessler
1 deal$6.3M volume
BROKER

Details

SOLD
IMAGE: Betsy Kessler & Chrissie Lawrence DATE: 02/25/2021 ADDRESS: 159 Dover Road MARKET: Wellesley, MA ASSET TYPE: Single Family BROKERS: Chrissie Lawrence & Betsy Kessler - Rutledge Properties SALE PRICE: $6,250,000 SF: 8,938 ~ PPSF: $699 ACRES: 5.22 ~ PPA: $1,197,318

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

$333,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$22,204.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,628.19
Annual Debt Service$355,538.26