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159 Dover Road, Wellesley, ...

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

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

159 Dover Road, Wellesley, MA, USA

$6,250,000

$699/SF

Building Size

8,938 SF

Asset Type

Single Family Residence

Closing

Feb 24, 2021

AI

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 Lawrence

Broker

$9.1M

vol

2 deals

Broker

Wellesley Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93