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Wellesley 02481
11 Mountview Road
$1,099,000
● House - Off Market

11 Mountview Road

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,342 Ft²
$3,889,707
RealtyHop Estimate
261.83%
Since Jan 1, 1999
MA-Boston
Primary Model

About This Property

IMPECCABLY MAINTAINED CENTER ENTRANCE COLONIAL SET ON A BEAUTIFULLY LANDSCAPED LOT IN ONE OF WELLESLEY'S MOST DESIRABLE LOCATIONS. CUL-DE-SAC, ORIGNAL OWNERS, - A RARE OPPORTUNITY!
Unit Size
3,342 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$322
Property Type
House
Property Taxes
$614
HOA Dues
-
Year Built
1957

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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 years ago (MLSPIN #30262158)

Price History

Date / Event Date Event Price
Dec 30, 2020 Sold
Premium
Sold
Oct 14, 2020 Listed $2,395,000
Listed
Dec 21, 1998 Sold
Premium
Sold
Sep 25, 1998 Listed $1,075,000
Listed

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,450
  • Total Building Area: 4,222
  • Building Area: 4,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000676
  • 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: 404301

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:133 R:054 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3137
  • Longitude: -71.2971

    Address

  • Full Address: 11 Mountview Rd
  • Address - House Number: 11
  • Address - Street Name: Mountview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C034
  • 4-Digit Zip Code: 2757
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,615,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 3,208,967
  • High Value: 3,705,968
  • Low Value: 2,711,965

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,284,000
  • Assessed Land Value: $1,312,000
  • Assessed Improvements Value: $972,000

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 149282
  • Previous Sale Recording Date: Dec 21, 1998
  • Previous Sale Amount: $1,099,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30262158

Frequently Asked Questions

When was property at 11 Mountview Road built and last sold?
The property at 11 Mountview Road was built in 1957 and last sold on Dec 18, 2020 for $2,450,000.
How much is this home worth?
The estimated value of the home located at 11 Mountview Road is $0.
What are some comparable homes to 11 Mountview Road?
There are currently no comparable homes to 11 Mountview Road.
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