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Wellesley 02482
112 Great Plain Ave
$2,150,000
● House - Off Market

112 Great Plain Ave

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,747 Ft²
$2,338,075
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Beautiful NEW CONSTRUCTION in Wellesley! This spacious 4 bedroom Colonial house offers 4 levels, over 5700 sqft living space. First floor showcases elegant open-viewed living room, family room as well as one bedroom and one bathroom with amazing gourmet kitchen with high-end appliances. Second floor features the master bedroom suite, three additional spacious en suites, and a laundry room. A unique, well-designed finished attic with an extra half bath completes the third floor. This beautiful house sits on 0.55 acres and offers 2 garage parking as well as 6 off-street parking spots. TWO Mins Drive to Babson College and OLIN College of Engineering and FIVE Mins drive to Wellesley College!!! Convenient location for this exquisite and welcoming home!
Unit Size
5,747 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$392
Property Type
House
Property Taxes
$1,082
HOA Dues
-
Year Built
1951

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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 #72917731)

Price History

Date / Event Date Event Price
Mar 24, 2022 Sold
Premium
Sold
Nov 8, 2021 Listed by Dreamega International Realty LLC $2,250,000
Listed by Dreamega International Realty LLC
Apr 24, 2018 Sold
Premium
Sold
Oct 12, 2017 Listed by Dreamega International Realty LLC $850,000
Listed by Dreamega International Realty LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2020
  • Total Rooms: 9
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,018
  • Total Building Area: 5,003
  • Building Area: 5,003
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,003
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000551
  • 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: 404202

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:068 R:016 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2938
  • Longitude: -71.2731

    Address

  • Full Address: 112 Great Plain Ave
  • Address - House Number: 112
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 7205
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,316,300

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,627,002
  • High Value: 3,091,499
  • Low Value: 2,162,504

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,023,000
  • Assessed Land Value: $947,000
  • Assessed Improvements Value: $1,076,000

    Sales

  • Current Sale Contract Date: Mar 23, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1500150
  • Previous Sale Recording Date: Apr 24, 2018
  • Previous Sale Amount: $760,000
  • 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:

$2,150,000

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 months ago
Data Source: MLS PIN, MLS# 72917731

Frequently Asked Questions

When was property at 112 Great Plain Avenue built and last sold?
The property at 112 Great Plain Avenue was built in 1951 and last sold on Mar 23, 2022 for $2,150,000.
How much is this home worth?
The estimated value of the home located at 112 Great Plain Avenue is $2,350,371.
What are some comparable homes to 112 Great Plain Avenue?
There are currently no comparable homes to 112 Great Plain Avenue.
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