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Wellesley 02481
1 Standish Road
$705,000
● House - Off Market

1 Standish Road

Wellesley, MA 02481
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,572 Ft²
$991,156
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Prepare to be enchanted by this charming Royal Barry Wills cape. What from the street appears a cozy cottage is in fact a welcoming 2 bedroom 1.5 bath home with over 1,500 sq ft of living space across three floors. This home is set on a spacious and private lot nestled between mature trees and abutting undeveloped land. All this in a convenient commuting location close to Route 9, Route 95, and the Mass Pike.
Unit Size
1,572 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$468
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1938

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72635527)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Mar 18, 2020 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $735,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 288
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,540
  • Total Building Area: 1,051
  • Building Area: 1,051
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,051
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000357
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wellesley School District
  • School Tax School District: WELLESLEY SD
  • Census Tract: 404100

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:037 R:049 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3136
  • Longitude: -71.2609

    Address

  • Full Address: 1 Standish Rd
  • Address - House Number: 1
  • Address - Street Name: Standish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C011
  • 4-Digit Zip Code: 5317
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $762,600

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 806,840
  • High Value: 903,138
  • Low Value: 710,543

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $666,000
  • Assessed Land Value: $571,000
  • Assessed Improvements Value: $95,000

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 75854
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wellesley

Stats & Trends

Median Asking:

$2,150,000

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4348 ft²

Average Home Age

50.1 years

Currently For Sale

59 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72635527

Frequently Asked Questions

When was property at 1 Standish Road built and last sold?
The property at 1 Standish Road was built in 1938 and last sold on Jul 30, 2020 for $705,000.
How much is this home worth?
The estimated value of the home located at 1 Standish Road is $768,386.
What are some comparable homes to 1 Standish Road?
There are currently no comparable homes to 1 Standish Road.
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