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Wellesley 02482
16 Lafayette Circle
$878,000
● House - Off Market

16 Lafayette Circle

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,475 Ft²
$1,811,144
RealtyHop Estimate
81.30%
Since Aug 1, 2014
MA-Boston
Primary Model

About This Property

Plenty of space to make your own. Extra large lot w/expansion potential for garage and/or additional living. Lot has existing garage/storage that can accommodate a small vehicle. Walk to the train, shopping, schools and more from this desirable cul de sac neighborhood. Home features newer roof, replacement windows, and lovely hardwood floors throughout most of the house. Great potential for further living space in the full basement w/bath & fireplace. Bonus playroom/study for children on 2nd floor plus finished 3rd floor with additional bedrooms or his & her offices. Home is in well maintained, move-in condition awaiting the personal touches & upgrades to call it your own. Showings begin Sunday, April 13th from 1-4 at the first open house.
Unit Size
2,475 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$404
Property Type
House
Property Taxes
$840
HOA Dues
-
Year Built
1938

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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: 4 months ago (MLSPIN #71657722)

Price History

Date / Event Date Event Price
Jul 21, 2014 Sold
Premium
Sold
Apr 9, 2014 Listed by East Coast Real Estate $999,000
Listed by East Coast Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,173
  • Total Building Area: 2,609
  • Building Area: 2,609
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,609
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000463
  • 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:021 S:
  • Municipality: WELLESLEY
  • Latitude: 42.303
  • Longitude: -71.3124

    Address

  • Full Address: 16 Lafayette Cir
  • Address - House Number: 16
  • 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: $1,489,600

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,684,985
  • High Value: 1,973,640
  • Low Value: 1,396,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,301,000
  • Assessed Land Value: $1,002,000
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Recording Date: Jul 21, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60002

    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

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4280 ft²

Average Home Age

52.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71657722

Frequently Asked Questions

When was property at 16 Lafayette Circle built and last sold?
The property at 16 Lafayette Circle was built in 1938 and last sold on Jan 1, 1970 for $878,000.
How much is this home worth?
The estimated value of the home located at 16 Lafayette Circle is $999,568.
What are some comparable homes to 16 Lafayette Circle?
There are currently no comparable homes to 16 Lafayette Circle.
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