7 Bethel Rd

Wellesley, MA 02481

$5,450,000
Last Sold Price
20
Beds
13,200 Sq. Ft.
$413 / Sq. Ft.
13,200
Sq. Ft.
$413
per Sq. Ft.
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Sold 9/29/16
Sold 9/29/16

Description

The offering is a collection of 10 fully-leased townhomes located in the prestigious town of Wellesley, Massachusetts. This offering is for sale along with the neighboring single family homes. The assets offer investors stable income with appreciation potential within a high barrier-to-entry market. The portfolio also presents a unique opportunity to redevelop the three contiguous parcels that together are just under two acres.The offering is a collection of 10 fully-leased townhomes located in the prestigious town of Wellesley, Massachusetts. This offering is for sale along with the neighboring single family homes. The assets offer investors stable income with appreciation potential within a high barrier-to-entry market. The portfolio also presents a unique opportunity to redevelop the three contiguous parcels that together are just under two acres.
  1. Listed by Jason Weissman • Boston Realty Advisors
  2. Listed by Kevin Benzinger • Boston Realty Advisors

Property Details for 7 Bethel Road

Town
Wellesley
Area
MA-Wellesley
Garage Spaces
10
Open Parking Spaces
20.00
Parking Spaces Total
20
LISTING CLOSED: 09/29/2016 12:00 AM

Property Details for 7 Bethel Road

StatusSold
MLS #72021397
Days on Market59
Taxes$99 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1969
CountyNorfolk County
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Location

Listing Courtesy of Boston Realty Advisors, Jason Weissman; Boston Realty Advisors, Kevin Benzinger

Sold By Boston Realty Advisors, Jason Weissman

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Building Information for 7 Bethel Road

Stories6Residences10Year Built1969Building Size-Lot Size1.19 AC / 51,830 SF

Payment Calculator

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$27,166 per month

30 year fixed, 6.36% Interest

Principal and Interest

$27,158

Property Taxes

$8

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 7 Bethel Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 13200.0
  • Total Units: 10
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Appraiser
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal
  • Num of Baths: 20.0
  • Num of Full Baths: 10
  • Num of Half Baths: 10
  • Bathrooms Total Decimal: 15.00
  • Bathrooms Total Integer: 20
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 10
  • Flooring: Hardwood Floors, Wood Flooring
  • Interior Features: Slider, Other(See Remarks), Other (See Remarks)
  • Interior Features: Other(See Remarks), Other (See Remarks)
Exterior Features
  • Exterior Features: Balcony/Deck
  • Lot Description: Corner Lot
Parking Features
  • Covered Spaces: 10.00
  • Garage: Yes
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 257270
  • Assessments: $99
  • Book: 99
  • Tax Year: 99
  • Zoning: 99
Building / Association Information
Living Characteristics
  • Beds Total: 20
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Slab
Income / Expenses
  • GOI: $2,376.00
  • NOI: $2,376.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 3
Rental Info
Rental Info
  • Total Actual Rent: $198.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 1.00
  • Other Agent Compensation: 0

Property History for 7 Bethel Road

DateEvent & SourcePriceAppreciation
Sep 29, 2016

Sold

MLS PIN #72021397

$5,450,000—
Jul 29, 2016

Under Agreement

MLS PIN #72021397

—
Jul 29, 2016

Contingent

MLS PIN #72021397

—
DateEvent & SourcePrice
09/29/2016

Sold

MLS PIN #72021397

$5,450,000
07/29/2016

Under Agreement

MLS PIN #72021397

—
07/29/2016

Contingent

MLS PIN #72021397

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7 Bethel Road

Taxable ValueLand-Additions$5,145,000Total-
Tax Record2025$52,891 ($4,408 / month)
Home Facts
Lot Size51,830 SqFtStyleMulti-Family Res (5+ Units)CountyNORFOLKAPNWELL M:021 R:016 S:

Schools near 7 Bethel Road

This home is within Wellesley School District.
Rating
School
Type
Grades
Distance
Schofield Elementary School
Public - K to 5
Wellesley Middle School
Public - 6 to 8
Wellesley High School
Public - 9 to 12
St John The Evangelist School
Private - PK to 6
Rating
School
Distance
Schofield Elementary School
PublicK to 5

Wellesley Middle School
Public6 to 8

Wellesley High School
Public9 to 12

St John The Evangelist School
PrivatePK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Boston Realty Advisors, Jason Weissman; Boston Realty Advisors, Kevin Benzinger

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.