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Wellesley 02482
111 Great Plain Ave
$1,050,000
● House - Off Market

111 Great Plain Ave

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,172 Ft²
$1,390,944
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

Hard to find,  MOVE IN READY home with terrific living space, a half acre yard, and a 2 car garage. 4+ bedrooms and 3 full baths. Gleaming hardwood floors and fresh painting throughout. Updated kitchen with newer appliances and Quartz counters. Spacious family room (14x23) opens up to the large wooden deck overlooking a amazing footprint to create your own private oasis: in ground pool, a huge of fenced backyard, and Fuller Brook Reservation wooded area behind for terrific privacy. Expansion potential in LL. Wonderful opportunity to enjoy all that Wellesley offers. Walking distance to WHS, train, and Wellesley Center.
Unit Size
2,172 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$523
Property Type
House
Property Taxes
$1,087
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 years ago (MLSPIN #72765790)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Dec 10, 2020 Listed by Keller Williams Realty Boston Northwest $1,135,000
Listed by Keller Williams Realty Boston Northwest
Sep 1, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 240
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,900
  • Total Building Area: 1,922
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000549
  • Standard Land Use Code: 8016
  • County Land Use Code: 106

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:005 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2933
  • Longitude: -71.2737

    Address

  • Full Address: 111 Great Plain Ave
  • Address - House Number: 111
  • 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: $1,110,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $970,000
  • Assessed Land Value: $945,000
  • Assessed Improvements Value: $25,000

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Feb 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25755
  • Previous Sale Recording Date: Sep 01, 1987
  • Previous Sale Amount: $440,000
  • 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

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72765790

Frequently Asked Questions

When was property at 111 Great Plain Avenue built and last sold?
The property at 111 Great Plain Avenue was built in 1960 and last sold on Feb 24, 2021 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 111 Great Plain Avenue is $0.
What are some comparable homes to 111 Great Plain Avenue?
There are currently no comparable homes to 111 Great Plain Avenue.
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