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Wellesley 02482
15 Howe Street
$995,000
● House - Off Market

15 Howe Street

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,535 Ft²
$1,069,855
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Stylish and fun describes this contemporary farmhouse set in the heart of College Heights. This truly special "feel good" home is impressive with a charming front porch, soaring ceilings, hardwood floors and fabulous decor. Newer extra large windows help fill each room with sunlight throughout the day. The kitchen has granite counters and stainless appliances- great cabinet space. The living and dining rooms are warm and inviting. Three bedrooms on the second floor and the third level is flexible bonus space that works well as an office and playroom. Enchanting describes the fenced outdoor setting with rambling patios and gardens. Walk to Wellesley center's shops, restaurants and the train station too! In town living at it's best!
Unit Size
1,535 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$648
Property Type
House
Property Taxes
$761
HOA Dues
-
Year Built
1900

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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 #73044990)

Price History

Date / Event Date Event Price
Dec 12, 2022 Sold
Premium
Sold
Nov 7, 2022 In contract -
In contract
Nov 1, 2022 Price Decreased $995,000
↓ $54K (5.2%)
Price Decreased
Oct 14, 2022 Price Increased $1,049,000
↑ $54K (5.4%)
Price Increased
Oct 5, 2022 Listed by MGS Group Real Estate LTD - Wellesley $995,000
Listed by MGS Group Real Estate LTD - Wellesley
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,625
  • Total Building Area: 1,532
  • Building Area: 1,532
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,532
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000083
  • 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:149 R:081 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2984
  • Longitude: -71.301

    Address

  • Full Address: 15 Howe St
  • Address - House Number: 15
  • Address - Street Name: Howe
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C050
  • 4-Digit Zip Code: 4609
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $983,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,129,670
  • High Value: 1,326,197
  • Low Value: 933,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $859,000
  • Assessed Land Value: $650,000
  • Assessed Improvements Value: $209,000

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 103913
  • Previous Sale Recording Date: Mar 01, 2017
  • Previous Sale Amount: $795,000
  • 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:

$2,149,500

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4381 ft²

Average Home Age

49.4 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: 4 months ago
Data Source: MLS PIN, MLS# 73044990

Frequently Asked Questions

When was property at 15 Howe Street built and last sold?
The property at 15 Howe Street was built in 1900 and last sold on Dec 12, 2022 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 15 Howe Street is $1,000,764.
What are some comparable homes to 15 Howe Street?
There are currently no comparable homes to 15 Howe Street.
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