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Wellesley 02482
12 Princeton Road
$680,000
● House - Off Market

12 Princeton Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,620 Ft²
$1,458,611
RealtyHop Estimate
101.19%
Since Apr 1, 2013
MA-Boston
Primary Model

About This Property

Curb appeal and quality abound in this classic colonial home. It is set on a pretty lot in a sought-after Wellesley neighborhood. Gracious center hall, hardwood floors,  living room with fireplace and custom cabinetry, convenient  study, eat-in kitchen. Three bedrooms including a front to back master bedroom with two large closets.  This home is in very nice condition and is tucked away on a road with little traffic.
Unit Size
1,620 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$448
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #71455536)

Price History

Date / Event Date Event Price
Mar 11, 2013 Sold
Premium
Sold
Nov 8, 2012 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $725,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,629
  • Total Building Area: 3,198
  • Building Area: 3,198
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,198
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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:198 R:104 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3114
  • Longitude: -71.3238

    Address

  • Full Address: 12 Princeton Rd
  • Address - House Number: 12
  • Address - Street Name: Princeton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C019
  • 4-Digit Zip Code: 2208
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,551,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,823,210
  • High Value: 2,135,544
  • Low Value: 1,510,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,355,000
  • Assessed Land Value: $800,000
  • Assessed Improvements Value: $555,000

    Sales

  • Current Sale Recording Date: Mar 11, 2013
  • Current Sale Price:
    Premium
  • Current 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:

$2,195,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4081 ft²

Average Home Age

50 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: 5 months ago
Data Source: MLS PIN, MLS# 71455536

Frequently Asked Questions

When was property at 12 Princeton Road built and last sold?
The property at 12 Princeton Road was built in 1950 and last sold on Jan 1, 1970 for $680,000.
How much is this home worth?
The estimated value of the home located at 12 Princeton Road is $748,601.
What are some comparable homes to 12 Princeton Road?
There are currently no comparable homes to 12 Princeton Road.
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