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Coldwell Banker Realty - Wellesley Sells Single Family Home In Wellesley, MA For $4.4M

Property Image
SOLD
$4,400,000
Teri Adler
Melissa Dailey

Massachusetts

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Single Family Residence7,451 SF
Sold 03/01/2021
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Property Image
SOLD

Coldwell Banker Realty - Wellesley Sells Single Family Home In Wellesley, MA For $4.4M

16 Ridge Hill Farm Road, Wellesley, MA, USA

See Similar Deals
Single Family Residence7,451 SF
Sold 03/01/2021
Teri Adler
Melissa Dailey
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$590
Total Square Footage:7,451 SF
Transaction Type:Sale

A single-family home located at 16 Ridge Hill Farm Road in Wellesley, MA has been sold. The transaction took place on 03/01/2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,400,000
  • Square Footage: 7,451
  • Price per Square Foot: $591
  • Seller's Representative: Melissa Dailey - Coldwell Banker Realty - Wellesley
  • Buyer's Representative: Teri Adler - Pinnacle Residential

Melissa Dailey from Coldwell Banker Realty in Wellesley represented the sellers in this transaction, while Teri Adler from Pinnacle Residential represented the buyers.

Players

Melissa Dailey
Coldwell Banker
Melissa Dailey
7 deals$22.2M volume
BROKER
Teri Adler
Teri Adler
3 deals$12.2M volume
BROKER

Details

SOLD
IMAGE: Melissa Dailey & Teri Adler DATE: 03/01/2021 ADDRESS: 16 Ridge Hill Farm Road MARKET: Wellesley, MA ASSET TYPE: Single Family SELLER'S REP: Melissa Dailey - Coldwell Banker Realty - Wellesley BUYER'S REP: Teri Adler - Pinnacle Residential SALE PRICE: $4,400,000 SF: 7,451 ~ PPSF: $591 https://scontent-iad3-1.cdninstagram.com/v/t51.2885-15/156076530_265742701669002_1913875465843858555_n.jpg?_nc_cat=110&ccb=3&_nc_sid=8ae9d6&_nc_ohc=hldCcZ888gAAX9Isjiw&_nc_ht=scontent-iad3-1.cdninstagram.com&oh=0c799d56c1712a1f69227ebf6972388d&oe=6065D244

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

$234,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$15,632.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,858.24
Annual Debt Service$250,298.94