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Wellesley 02481
16 Sturbridge Rd
$1,600,000
● House - Off Market

16 Sturbridge Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,688 Ft²
$2,130,818
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Immaculate Peirce Estates colonial with amazing yard on quiet Bates neighborhood side street. This classic Haynes-built home features many updates including two and a half stylish new baths.  Refreshing young decor, stained hardwood floors, four oversized bedrooms and a sunny eat-in kitchen with granite counters and stainless appliances.  A major 20l5 landscape project enhanced the spectacular grounds with a spacious new bluestone patio and extensive plantings. Enjoy the screened porch looking out over the huge and useable back yard perfect for family sports and summer gatherings. Don't miss this special home in an ideal location with easy access to Pike, and close to Bates and Boulder Brook Reservation.
Unit Size
2,688 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$556
Property Type
House
Property Taxes
$1,358
HOA Dues
-
Year Built
1963

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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: 5 months ago (MLSPIN #72464608)

Price History

Date / Event Date Event Price
Jul 30, 2019 Sold
Premium
Sold
Mar 13, 2019 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $1,495,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Jun 27, 2012 Sold
Premium
Sold
Apr 18, 2012 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $1,235,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,196
  • Total Building Area: 2,856
  • Building Area: 2,856
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: A & B ELM KNOLL
  • Land Acres: 0000000601
  • 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: SR20

Geography

  • Parcel: WELL M:145 R:020 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3164
  • Longitude: -71.3032

    Address

  • Full Address: 16 Sturbridge Rd
  • Address - House Number: 16
  • Address - Street Name: Sturbridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C034
  • 4-Digit Zip Code: 1230
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,229,300

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,421,175
  • High Value: 2,834,586
  • Low Value: 2,007,765

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,947,000
  • Assessed Land Value: $1,237,000
  • Assessed Improvements Value: $710,000

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64643
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Amount: $1,220,000
  • 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

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4246 ft²

Average Home Age

48.6 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72464608

Frequently Asked Questions

When was property at 16 Sturbridge Road built and last sold?
The property at 16 Sturbridge Road was built in 1963 and last sold on Jul 12, 2019 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 16 Sturbridge Road is $1,516,968.
What are some comparable homes to 16 Sturbridge Road?
There are currently no comparable homes to 16 Sturbridge Road.
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