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Wellesley 02481
14 Edgewater Dr
Photo of 14 Edgewater Dr
Sold on Jun 15, 2009

1

Map

$1,805,000
● House - Off Market

14 Edgewater Dr

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,506 Ft²
$3,780,973
RealtyHop Estimate
107.18%
Since Jul 1, 2009
MA-Boston
Primary Model

About This Property

A gracious front veranda welcomes you to this gorgeous, newly built Colonial.   A fabulous cook's kitchen has top-of-the-line appliances and stunning cabinetry and is open to a family room with a grand fireplace and cathedral ceilings. The ideal floorplan features tall ceilings and rich details such as inlaid floors, boxed-beam ceilings, keystone arches, recessed paneled wainscoting and a fireplaced master suite. Finished third floor and a terrific yard. A dreamhouse in a great location!
Unit Size
4,506 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$405
Property Type
House
Property Taxes
$1,307
HOA Dues
-
Year Built
2008

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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 #70889900)

Price History

Date / Event Date Event Price
Jun 15, 2009 Sold
Premium
Sold
Mar 18, 2009 Listed $1,825,000
Listed
May 30, 2008 Sold
Premium
Sold
Mar 21, 2008 Listed $1,925,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 15,400
  • Total Building Area: 4,864
  • Building Area: 4,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000354
  • 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: SR15

Geography

  • Parcel: WELL M:061 R:057 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3267
  • Longitude: -71.2705

    Address

  • Full Address: 14 Edgewater Dr
  • Address - House Number: 14
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C017
  • 4-Digit Zip Code: 1618
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,341,500

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 2,810,108
  • High Value: 3,145,498
  • Low Value: 2,474,717

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,045,000
  • Assessed Land Value: $876,000
  • Assessed Improvements Value: $1,169,000

    Sales

  • Current Sale Recording Date: Jun 15, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 64941
  • Previous Sale Recording Date: May 30, 2008
  • Previous Sale Amount: $1,850,000
  • 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:

$2,172,500

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4218 ft²

Average Home Age

51.3 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# 70889900

Frequently Asked Questions

When was property at 14 Edgewater Drive built and last sold?
The property at 14 Edgewater Drive was built in 2008 and last sold on Jan 1, 1970 for $1,805,000.
How much is this home worth?
The estimated value of the home located at 14 Edgewater Drive is $1,839,108.
What are some comparable homes to 14 Edgewater Drive?
There are currently no comparable homes to 14 Edgewater Drive.
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