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Wellesley 02482
111 Parker Rd
Photo of 111 Parker Rd
Sold on Aug 17, 2011

1

Map

$615,000
● House - Off Market

111 Parker Rd

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,675 Ft²
$1,345,795
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Beautifully maintained 8 room brick front Garrison Colonial situated in popular Perrin Park neighborhood on fabulous 10,000 sq ft level lot.  Large sun filled kitchen with island and granite counter top, provides eat- in kitchen or kitchen/family room possibilities.  Freshly painted with gleaming hardwood floors and new insulated windows. Full basement with full bath offers plenty of potential. Short distance to town, train and schools.
Unit Size
1,675 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$387
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 months ago (MLSPIN #71227736)

Price History

Date / Event Date Event Price
Aug 17, 2011 Sold
Premium
Sold
May 5, 2011 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $649,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 10,000
  • Total Building Area: 1,692
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4252-1
  • Land Acres: 0000000230
  • 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: SR10

Geography

  • Parcel: WELL M:199 R:067 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3085
  • Longitude: -71.3238

    Address

  • Full Address: 111 Parker Rd
  • Address - House Number: 111
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 2231
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,029,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,235,305
  • High Value: 1,426,627
  • Low Value: 1,043,982

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $899,000
  • Assessed Land Value: $763,000
  • Assessed Improvements Value: $136,000

    Sales

  • Current Sale Recording Date: Aug 17, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000123
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

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: 2 months ago
Data Source: MLS PIN, MLS# 71227736

Frequently Asked Questions

When was property at 111 Parker Road built and last sold?
The property at 111 Parker Road was built in 1954 and last sold on Jan 1, 1970 for $615,000.
How much is this home worth?
The estimated value of the home located at 111 Parker Road is $675,034.
What are some comparable homes to 111 Parker Road?
There are currently no comparable homes to 111 Parker Road.
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