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Wellesley 02481
111 Walnut St
$775,000
● House - Off Market

111 Walnut St

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,267 Ft²
$1,108,764
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Delightful Cape in a fabulous location!  This special home has had many tasteful renovations, a very open flow and is brimming with natural light. The terrific kitchen has stainless steel appliances and granite countertops. There is a generous, fireplaced living room and a family room. A flexible floor plan provides the option for a first-floor master. A delightful sunroom is a wonderful retreat with views to the wooded and private grounds. The expansive deck is ideal for summer entertaining and relaxing. New Windows, central air and bonus space in the lower level.  Close to a school, park, recreation center and access to highways.
Unit Size
1,267 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$591
Property Type
House
Property Taxes
$667
HOA Dues
-
Year Built
1953

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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: 5 months ago (MLSPIN #72336147)

Price History

Date / Event Date Event Price
Aug 13, 2018 Sold
Premium
Sold
May 30, 2018 Listed by Pinnacle Residential $749,000
Listed by Pinnacle Residential
Dec 19, 2014 Sold
Premium
Sold
Oct 1, 2014 Listed by Pinnacle Residential $649,000
Listed by Pinnacle Residential
Apr 2, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,355
  • Total Building Area: 1,267
  • Building Area: 1,267
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,267
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • 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: 404100

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:027 R:002 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3233
  • Longitude: -71.2544

    Address

  • Full Address: 111 Walnut St
  • Address - House Number: 111
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 3301
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,102,600

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,148,323
  • High Value: 1,324,512
  • Low Value: 972,134

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $963,000
  • Assessed Land Value: $814,000
  • Assessed Improvements Value: $149,000

    Sales

  • Current Sale Recording Date: Aug 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71195
  • Previous Sale Recording Date: Dec 19, 2014
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: O

    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:

$2,172,500

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4246 ft²

Average Home Age

48.6 years

Currently For Sale

58 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: 5 months ago
Data Source: MLS PIN, MLS# 72336147

Frequently Asked Questions

When was property at 111 Walnut Street built and last sold?
The property at 111 Walnut Street was built in 1953 and last sold on Jan 1, 1970 for $775,000.
How much is this home worth?
The estimated value of the home located at 111 Walnut Street is $759,071.
What are some comparable homes to 111 Walnut Street?
There are currently no comparable homes to 111 Walnut Street.
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