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Wellesley 02481
15 Beverly Rd
$1,275,000
● House - Off Market

15 Beverly Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,472 Ft²
$1,851,446
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Picture-perfect Cape with all the right spaces in all the right places! The quality of 1936 construction has been brought up-to-date throughout. Sun-filled family room linked to recently renovated custom kitchen, outfitted with high end appliances,Fisher & Paykel refrigerator and Wolf range, and fabulous dining area. Lovely living room with fireplace and gracious dining room plus light-filled quiet study. Four bedrooms and updated baths upstairs (master bedroom with large walk-in closet). Finished lower level with playroom, study area, and plenty more space for gym or storage. Mudroom or French doors lead to fully fenced private yard, with welcoming stone patio set aside from play area. Wonderful home in favorite walk-to-Bates neighborhood.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$524
Property Type
House
Property Taxes
$983
HOA Dues
-
Year Built
1936

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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: 4 months ago (MLSPIN #72570431)

Price History

Date / Event Date Event Price
Mar 11, 2021 Sold
Premium
Sold
Feb 3, 2021 Listed by Rutledge Properties $1,395,000
Listed by Rutledge Properties
Dec 6, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by Rutledge Properties $1,295,000
Listed by Rutledge Properties
Jun 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 8,000
  • Total Building Area: 2,223
  • Building Area: 2,223
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,223
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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:180 R:127 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3122
  • Longitude: -71.3149

    Address

  • Full Address: 15 Beverly Rd
  • Address - House Number: 15
  • Address - Street Name: Beverly
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C025
  • 4-Digit Zip Code: 1121
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,469,000

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,736,931
  • High Value: 2,033,508
  • Low Value: 1,440,354

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,283,000
  • Assessed Land Value: $730,000
  • Assessed Improvements Value: $553,000

    Sales

  • Current Sale Contract Date: Mar 11, 2021
  • Current Sale Recording Date: Mar 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 32225
  • Previous Sale Recording Date: Dec 06, 2019
  • Previous Sale Contract Date: Nov 22, 2019
  • Previous Sale Amount: $1,275,000
  • 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

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4145 ft²

Average Home Age

51.4 years

Currently For Sale

59 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: 4 months ago
Data Source: MLS PIN, MLS# 72570431

Frequently Asked Questions

When was property at 15 Beverly Road built and last sold?
The property at 15 Beverly Road was built in 1936 and last sold on Mar 11, 2021 for $1,525,000.
How much is this home worth?
The estimated value of the home located at 15 Beverly Road is $1,422,836.
What are some comparable homes to 15 Beverly Road?
There are currently no comparable homes to 15 Beverly Road.
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