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Wellesley 02481
148 Walnut St
$400,000
● House - Off Market

148 Walnut St

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$882,044
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

STARTER HOME IN WELLESLEY!!!!  With 3 bedrooms and 2 baths this split level home possesses great potential for expansion, tear down, or updating.  The home is walking distance to schools, train, parks, and shopping.  The large 10,000 square foot lot overlooks Schofield playground and school and has great privacy.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$244
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
2021

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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: 6 months ago (MLSPIN #71354184)

Price History

Date / Event Date Event Price
Apr 19, 2012 Sold
Premium
Sold
Mar 20, 2012 Listed by JT Fleming & Company $415,000
Listed by JT Fleming & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 11
  • 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: 10,900
  • Total Building Area: 3,995
  • Building Area: 3,995
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,995
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 404100

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:028 R:034 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3222
  • Longitude: -71.2551

    Address

  • Full Address: 148 Walnut St
  • Address - House Number: 148
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 3335
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,323,600

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,790,467
  • High Value: 2,067,772
  • Low Value: 1,513,161

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,156,000
  • Assessed Land Value: $770,000
  • Assessed Improvements Value: $386,000

    Sales

  • Current Sale Recording Date: Apr 19, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
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

65

Average Home Size

4181 ft²

Average Home Age

47.6 years

Currently For Sale

50 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: 6 months ago
Data Source: MLS PIN, MLS# 71354184

Frequently Asked Questions

When was property at 148 Walnut Street built and last sold?
The property at 148 Walnut Street was built in 2021 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 148 Walnut Street is $453,460.
What are some comparable homes to 148 Walnut Street?
There are currently no comparable homes to 148 Walnut Street.
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