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Malcolm Brogdon sells Welle...

Malcolm Brogdon's Wellesley Single Family Home Sells For $4.525M With Manny Sarkis - Douglas Elliman
SOLDSingle Family

Malcolm Brogdon's Wellesley Single Family Home Sells For $4.525M With Manny Sarkis - Douglas Elliman

$4,525,000

$617/SF

Building Size

7,323 SF

Asset Type

Single Family

Closing

Nov 2, 2023

AI

Former Boston Celtics player Malcolm Brogdon's home in Wellesley Hills, Massachusetts, has been sold for $4.525 million in a private transaction. The property, located in Wellesley, MA, is a single-family home with a total area of 7,323 square feet. The sale price of $4.525 million equates to a price per square foot of $618. The transaction was completed in less than a week, despite the property not being publicly listed for sale.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $4,525,000
  • Market: Wellesley, MA

Manny Sarkis, a representative from Douglas Elliman, was the broker involved in facilitating the sale of Malcolm Brogdon's home.

Players

Manny Sarkis

Douglas Elliman

Broker

$11.5M

vol

5 deals

Broker

Malcolm Brogdon

Seller

$5.5M

vol

2 deals

Seller

Market Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.51%

Cash-on-Cash

-1.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93