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Wellesley 02482
114 Parker Rd
$970,000
● House - Off Market

114 Parker Rd

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,870 Ft²
$1,389,664
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Summer entertaining is easy with the ideal layout of this very spacious multi-level.  24' fireplaced living room flows through the dining room to the open cathedral ceiling family room and then through sliders to fabulous party-sized deck. Three good sized bedrooms plus an office which some might use as a fourth bedroom. Three full baths, including private master bath.  Gorgeous gleaming hardwood floors throughout. 2014 50-year roof. Central air, and de-leaded!  Level yard for play, tucked away on a quiet street in one of Wellesley's most popular neighborhoods, near Fells Market and Perrin Park. Don't miss this great house! The family room is a show-stopper!
Unit Size
1,870 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$521
Property Type
House
Property Taxes
$749
HOA Dues
-
Year Built
1953

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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 #72487956)

Price History

Date / Event Date Event Price
Jul 29, 2019 Sold
Premium
Sold
Apr 25, 2019 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $975,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Jul 2, 2003 Sold
Premium
Sold
Apr 25, 2003 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $725,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • 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: 528
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,076
  • Total Building Area: 1,870
  • Building Area: 1,870
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,870
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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:062 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3082
  • Longitude: -71.3233

    Address

  • Full Address: 114 Parker Rd
  • Address - House Number: 114
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 2251
  • Zip Code: 02482

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,353,002
  • High Value: 1,584,785
  • Low Value: 1,121,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $963,000
  • Assessed Land Value: $765,000
  • Assessed Improvements Value: $198,000

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63827
  • Previous Sale Recording Date: Jul 02, 2003
  • Previous Sale Amount: $708,000
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72487956

Frequently Asked Questions

When was property at 114 Parker Road built and last sold?
The property at 114 Parker Road was built in 1953 and last sold on Jul 23, 2019 for $970,000.
How much is this home worth?
The estimated value of the home located at 114 Parker Road is $996,287.
What are some comparable homes to 114 Parker Road?
There are currently no comparable homes to 114 Parker Road.
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