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Wellesley 02482
16 Hamilton Road
$1,865,000
● House - Off Market

16 Hamilton Road

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,600 Ft²
$3,104,456
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Both Grand & Welcoming, This Meticulously Handcrafted Home Offers a Superior Level of Craftsmanship and a Layout for Today's Lifestyle. Formal Living Room and Dining Room, a Family Room with Fireplace, A Gourmet Kitchen with Center Island, Granite and Stainless, Walk-in Pantry & Breakfast Area - All Perfect for Family and Entertaining.  There a Four Bedrooms on the Second Level Including a Wonderful Master Suite with Large Walk In Closet and Spa-like Bath. The Lower Level has a Spacious Game Room, an Additional Bedroom & Full Bath. All this and Located in a Desirable Neighborhood with Easy Access to Wellesley Center, Boulder Brook Reservation & Weston line.
Unit Size
4,600 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$423
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
2016

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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 #72018665)

Price History

Date / Event Date Event Price
Apr 13, 2017 Sold
Premium
Sold
Jun 7, 2016 Listed by William Raveis R.E. & Home Services $1,945,000
Listed by William Raveis R.E. & Home Services
Nov 17, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,374
  • Total Building Area: 3,592
  • Building Area: 3,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,592
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000261
  • 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:190 R:055 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3128
  • Longitude: -71.3178

    Address

  • Full Address: 16 Hamilton Rd
  • Address - House Number: 16
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C019
  • 4-Digit Zip Code: 2228
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,195,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,676,313
  • High Value: 3,134,792
  • Low Value: 2,217,833

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,917,000
  • Assessed Land Value: $784,000
  • Assessed Improvements Value: $1,133,000

    Sales

  • Current Sale Contract Date: Mar 29, 2017
  • Current Sale Recording Date: Apr 13, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1376235
  • Previous Sale Recording Date: Nov 17, 2015
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

4348 ft²

Average Home Age

50.1 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72018665

Frequently Asked Questions

When was property at 16 Hamilton Road built and last sold?
The property at 16 Hamilton Road was built in 2016 and last sold on Mar 29, 2017 for $1,865,000.
How much is this home worth?
The estimated value of the home located at 16 Hamilton Road is $1,959,879.
What are some comparable homes to 16 Hamilton Road?
There are currently no comparable homes to 16 Hamilton Road.
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