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Wellesley 02482
107 Great Plain Ave
Photo of 107 Great Plain Ave
Sold on Apr 2, 2007

1

Map

$635,000
● House - Off Market

107 Great Plain Ave

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,466 Ft²
$1,234,083
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

COUNTRY CLUB SETTING-NEAR BABSON COLLEGE-TRADITIONAL 1960 BUILT 8 ROOM COLONIAL SET ON A BEAUTIFULLY LANDSCAPED 1/2 ACRE LOT WITH A MAGNIFICENT INGROUND SWIMMING POOL-HOUSE IS IN NEED OF COSMETICS BUT WELL WORTH IT-HARDWOOD FLOORS-C/A-LARGE EAT IN KITCHEN-GENEROUS SIZED ROOMS-STEP DOWN PRIVATE CAPTIVE ROOM 18X15 OFF MASTER BEDROOM CAN BE USED AS AN OFFICE/EXERCISE ROOM OR 4th BEDROOM - 2 PRIVATE WELLS FOR WATER/SPRINKLERS AND POOL-AUXILLIARY GENERATOR - PRICED $209,000 BELOW TOWN ASSESSMENT...
Unit Size
2,466 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$267
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1960

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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 #70387308)

Price History

Date / Event Date Event Price
Apr 2, 2007 Sold
Premium
Sold
May 14, 2006 Listed $659,000
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,000
  • Total Building Area: 3,202
  • Building Area: 3,202
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • 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: 404400

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:068 R:006 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2936
  • Longitude: -71.2741

    Address

  • Full Address: 107 Great Plain Ave
  • Address - House Number: 107
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 7210
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,350,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,763,349
  • High Value: 2,036,455
  • Low Value: 1,490,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,179,000
  • Assessed Land Value: $907,000
  • Assessed Improvements Value: $272,000

    Sales

  • Current Sale Recording Date: Dec 15, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 119506
  • Previous Sale Recording Date: Apr 02, 2007
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: 27
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

4244 ft²

Average Home Age

53.4 years

Currently For Sale

56 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# 70387308

Frequently Asked Questions

When was property at 107 Great Plain Avenue built and last sold?
The property at 107 Great Plain Avenue was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 107 Great Plain Avenue is $716,462.
What are some comparable homes to 107 Great Plain Avenue?
There are currently no comparable homes to 107 Great Plain Avenue.
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