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Wellesley 02482
14 Lafayette Cir
$1,275,000
● House - Off Market

14 Lafayette Cir

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,012 Ft²
$1,473,459
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

Classic 1934 center entrance Colonial in one of Wellesley's most popular neighborhoods. Situated on a ½ acre of land in a wonderful cul-de-sac setting. Rich with architectural detail, this home features an elegant fireplaced living room, generous private office, and formal dining room. An additional sitting room on the main floor, offers great separation for individuals wanting their own space. Three nice sized bedrooms on the second floor. The lower level is a walkout, includes a recreation room with a stone fireplace, additional playroom, and a full bathroom. An outdoor deck provides great space for entertaining, overlooks an expansive yard with mature plantings. Minutes to Wellesley Center, enjoy proximity to restaurants, shopping, commuter rail, BSI rink and pool, and Morses Pond Conservation area!
Unit Size
2,012 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$621
Property Type
House
Property Taxes
$1,055
HOA Dues
-
Year Built
1934

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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 years ago (MLSPIN #72796285)

Price History

Date / Event Date Event Price
Apr 26, 2021 Sold
Premium
Sold
Mar 10, 2021 Listed by Unlimited Sotheby's International Realty $1,249,000
Listed by Unlimited Sotheby's International Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,079
  • Total Building Area: 2,012
  • Building Area: 2,012
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAFAYETTE PARK
  • Land Acres: 0000000461
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:171 R:020 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3029
  • Longitude: -71.3122

    Address

  • Full Address: 14 Lafayette Cir
  • Address - House Number: 14
  • Address - Street Name: Lafayette
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 4420
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,441,600

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,583,741
  • High Value: 1,855,052
  • Low Value: 1,312,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,259,000
  • Assessed Land Value: $999,000
  • Assessed Improvements Value: $260,000

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: Apr 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54185
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

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: 5 years ago
Data Source: MLS PIN, MLS# 72796285

Frequently Asked Questions

When was property at 14 Lafayette Circle built and last sold?
The property at 14 Lafayette Circle was built in 1934 and last sold on Apr 26, 2021 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 14 Lafayette Circle is $0.
What are some comparable homes to 14 Lafayette Circle?
There are currently no comparable homes to 14 Lafayette Circle.
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