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Wellesley 02482
11 Arden Rd
$2,900,000
● House - Off Market

11 Arden Rd

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
6,620 Ft²
$5,512,090
RealtyHop Estimate
73.94%
Since Mar 1, 2016
MA-Boston
Primary Model

About This Property

Brand new, tasteful and gorgeous Shingle Style in excellent Dana Hall location! Crafted with fine details and designed with a light, airy floor plan to maximize comfortable, easy living. Ideal kitchen opens to a spacious, fireplaced family room that overlooks level and private grounds. The living room, dining room, and study are all beautifully appointed. Five bedrooms include a luxurious master suite with a vaulted ceiling, spa-like bath and a dressing room. Bonus space includes a finished third floor with an additional full bath as well as a lower level with a play room, gym area and home theater system. This residence sits on a lovely, ended way and is close to schools, train, shops and the Brook Path. Built by a well-respected local builder. This home is complete and you can be in for the holidays!
Unit Size
6,620 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$479
Property Type
House
Property Taxes
$1,607
HOA Dues
-
Year Built
2015

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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 #71856555)

Price History

Date / Event Date Event Price
Feb 22, 2016 Sold
Premium
Sold
Jun 12, 2015 Listed by Pinnacle Residential $3,169,000
Listed by Pinnacle Residential
Dec 5, 2014 Sold
Premium
Sold
Oct 24, 2014 Listed by Pinnacle Residential $949,000
Listed by Pinnacle Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • 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: 20,028
  • Total Building Area: 4,956
  • Building Area: 4,956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,956
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000460
  • 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:102 R:030 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2862
  • Longitude: -71.287

    Address

  • Full Address: 11 Arden Rd
  • Address - House Number: 11
  • Address - Street Name: Arden
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C022
  • 4-Digit Zip Code: 7401
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,263,300

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 3,888,215
  • High Value: 4,564,643
  • Low Value: 3,211,787

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,850,000
  • Assessed Land Value: $1,081,000
  • Assessed Improvements Value: $1,769,000

    Sales

  • Current Sale Recording Date: Feb 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 15760
  • Previous Sale Recording Date: Dec 05, 2014
  • Previous Sale Amount: $1,212,500
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4280 ft²

Average Home Age

52.9 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71856555

Frequently Asked Questions

When was property at 11 Arden Road built and last sold?
The property at 11 Arden Road was built in 2015 and last sold on Jan 1, 1970 for $2,900,000.
How much is this home worth?
The estimated value of the home located at 11 Arden Road is $3,203,765.
What are some comparable homes to 11 Arden Road?
There are currently no comparable homes to 11 Arden Road.
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