Updated Dec 4, 2024
Compass Represents Seller, Gibson Sotheby's Represents Buyer In $1.56M Wellesley Single Family Sale
29 Summit Rd, Wellesley, MA 02482, USA
$1,555,000
$53/SF
Building Size
29,190 SF
Asset Type
Single Family Residence
Closing
Aug 13, 2020
About this deal
AI
A single-family property located at 29 Summit Road in Wellesley, MA has been sold for a price of $1,555,000. The property spans across 2,919 square feet, resulting in a price per square foot of $533.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,555,000
- Square Footage: 2,919
- Price per Square Foot: $533
- Address: 29 Summit Road, Wellesley, MA
- Market: Wellesley, MA
The seller's representative for this transaction was Elke Cardella from Compass, while the buyer was represented by Debi Benoit from Gibson Sotheby's International Realty.
Players
Wellesley Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.20%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93