Traverse St Wakefield, MA

STATUS: Sold

Project Info

This property is located in the heart of Wakefield, MA. A bustling Boston suburb with skyrocketing property values. This project was bought far below market value, so much so, that we determined the ideal disposition strategy was to wholesale the property another investor.

Project KPIs

Acquisition and Project Basics

Project Type: Wholetail

Property Characteristics: 3 bed, 1.5 bath

Location: Wakefield, MA

Acquisition Source:  Direct to Seller

Construction/Improvement Timeline: None

Total Timeline: 1 month

 

High Level Financials

Acquisition Price: $300,000

Rehab & Carrying Costs: $~$5,000

Disposition Price: $425,000

Value Created: $100k+ after closing costs

Investment Metrics

Debt or Equity: Funded 100% of HERE partners

Investor Returns: 35% COC with 1 month deployed

Hutchins Esperti RE LLC

Let’s Start a Conversation

Whether you have questions about a project, investing opportunities, or simply want to connect, we’re always happy to talk real estate.