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Wellesley 02481
115 Lowell Road
$1,755,000
● House - Off Market

115 Lowell Road

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,339 Ft²
$2,661,861
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

A beautiful Cliff Estates colonial set back off the street. Opens into sunny parlor with picture window and circular stairs. Generously proportioned with 5 bedrooms, 4 full baths, in home office, and bright sun room. Kitchen with granite counters, island and wet bar opens to a large family room. Dining room next to entertaining size living room with fireplace. Large master bedroom with renovated bathroom and expansive walk in closet. Mud room when entering through the garage. A generous family/play room in basement and finished separate laundry room. Large storage room. Professionally landscaped yard with pergola over stone patio and built in grill, perfect for entertaining.
Unit Size
4,339 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$414
Property Type
House
Property Taxes
$1,696
HOA Dues
-
Year Built
1958

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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 #72282163)

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by Century 21 Commonwealth $1,950,000
Listed by Century 21 Commonwealth
May 25, 2018 Sold
Premium
Sold
Feb 15, 2018 Listed by Century 21 Commonwealth $1,795,000
Listed by Century 21 Commonwealth
Sep 11, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2002
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 200
  • 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: 25,007
  • Total Building Area: 4,357
  • Building Area: 4,357
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,357
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000574
  • 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: 404201

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:120 R:053 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3123
  • Longitude: -71.2922

    Address

  • Full Address: 115 Lowell Rd
  • Address - House Number: 115
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C036
  • 4-Digit Zip Code: 2717
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,499,500

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,793,402
  • High Value: 3,221,999
  • Low Value: 2,364,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,183,000
  • Assessed Land Value: $1,208,000
  • Assessed Improvements Value: $975,000

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1479899
  • Previous Sale Recording Date: May 25, 2018
  • Previous Sale Amount: $1,755,000
  • Previous Sale Document Type: O
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

49.4 years

Currently For Sale

57 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# 72282163

Frequently Asked Questions

When was property at 115 Lowell Road built and last sold?
The property at 115 Lowell Road was built in 1958 and last sold on Jun 18, 2021 for $2,025,000.
How much is this home worth?
The estimated value of the home located at 115 Lowell Road is $1,963,112.
What are some comparable homes to 115 Lowell Road?
There are currently no comparable homes to 115 Lowell Road.
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