11 Oak St UNIT 62, Wellesley, MA, 02482 | 5.21% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11 Oak St UNIT 62, Wellesley, MA, 02482 | 5.21% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $4,292/mo, and a $4,841/mo payment. Purchase price stands at $989,000, and rental yield measures 5.21% with $4,292/mo rent. Return on cash invested shows 12.9% in year one, and 5% annual appreciation builds toward $273,242 over five years. Five-year ROI reaches 65.38% and total cumulative return in cash records $212,718. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,292/mo property income covering a $4,841/mo payment rather than investor’s personal income.

Townhouse

Built in 1967

N/A lot

$N/A/sqft

No HOA

More details about the property

The first & only unit in Linden Square to have undergone large scale "gut" renovation. Reimagined first floor w/ full open floor plan allowing kitchen, dining room, living room & outdoor patio to work together as one. Plus south facing direction allows the light to pour in! Wood-Mode kitchen cabinetry filled w/ great storage, Bosch appliances w/ induction range & vented outside. Cabinetry extends to dining area for dry bar area perfect for entertaining. Custom living room fireplace mantel & surround w/ built-ins & V groove beadboard ceiling & walls. Second floor bedrooms both with custom closets. Full bath w/ walk-in shower & French glass doors. All new interior 2 panel doors throughout & new 3" hardwood on first floor. Private & fully renovated outdoor space w/ 16 x16 patio. Gate opens to private parking spot. Full attic w/ 400 sq ft. Full height in lower level. Perfection combination of incredible home and location! Super close to all schools, shopping, restaurants & train to Boston.