Updated Dec 19, 2023
Compass Rep Acquires Single Family Home In Wellesley, MA For $1.8M
9 Madison Rd, Wellesley, MA 02481, USA
$1,822,000
$40/SF
Building Size
44,530 SF
Asset Type
Single Family Residence
Closing
Aug 31, 2020
About this deal
AI
A single-family home located at 9 Madison Road in Wellesley, MA has been sold for a price of $1,822,000. The property spans across 4,453 square feet, resulting in a price per square foot of $409.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $1,822,000
In this transaction, the seller was represented by Christine Norcross & Partners from William Raveis R.E. & Home Services. On the buyer's side, Allison Blank from Compass acted as the representative.
The single family residence sale at 9 Madison Rd, Wellesley, MA 02481, USA in Wellesley Hills, Massachusetts sold for $1.8M in 2020. The building is 44,530 square feet, implying about 40 per square foot on the published price. Allison Blank, Compass appear on the sale alongside Compass. This page is the Wellesley Hills, Massachusetts file for the 9 Madison Rd, Wellesley, MA 02481, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Wellesley Hills sit in the Market section below. Filter that Wellesley Hills single family residence set by closing date to see what else sold near 9 Madison Rd, Wellesley, MA 02481, USA around 2020. Published consideration for 9 Madison Rd, Wellesley, MA 02481, USA is $1.8M, dated 2020. Cite this Compass Rep Acquires Single Family Home In Wellesley, MA For $1.8M sale when underwriting similar single family residence product around Wellesley Hills, Massachusetts.
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Wellesley Hills Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $40 per square foot on a published $1.8M for 44,530 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.71%
Cash-on-Cash
-2.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93