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Middlesex 01760
16 Wellesley Road
$220,000
● House - Off Market

16 Wellesley Road

Natick, MA 01760
bedrooms
2 Beds
bathrooms
1 Bath
square feet
986 Ft²
$559,908
RealtyHop Estimate
144.50%
Since Nov 1, 2001
MA-Boston
Primary Model

About This Property

CONDO ALTERNTV;DECVGLY LGE STARTER HOME.OFC CURRNTLY NURSRY. LL GUESTROOM/OFFICE WIRED/PHONE&COMPUTER. NICE YARD! 3 SSN ENTRY MAKES GREAT TOY ROOM.. LAND GOES PST HEDGES TO DRVWY GRT EXPAN POSS.AHS WARRNTD HOME. MURRAY THE DOG VRY FRIENDLY
Unit Size
986 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$232
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1915

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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 years ago (MLSPIN #30529851)

Price History

Date / Event Date Event Price
Oct 30, 2001 Sold
Premium
Sold
Aug 3, 2001 Listed by RE/MAX Best Choice $229,000
Listed by RE/MAX Best Choice
Nov 20, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 306
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,000
  • Total Building Area: 1,158
  • Gross Building Area: 1,158
  • Building Area: 1,158
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,158
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Natick School District
  • School Tax School District: NATICK SD
  • Census Tract: 382100

Zoning

  • Zoning: RSA

Geography

  • Account Number: 21-00000297
  • Parcel: NATI M:00000021 P:00000297
  • Municipality: NATICK
  • Latitude: 42.3049
  • Longitude: -71.3317

    Address

  • Full Address: 16 Wellesley Rd
  • Address - House Number: 16
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Natick
  • Carrier Code: C031
  • 4-Digit Zip Code: 1428
  • Zip Code: 01760

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $625,900

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 635,286
  • High Value: 738,581
  • Low Value: 531,992

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,500
  • Assessed Land Value: $408,000
  • Assessed Improvements Value: $102,500

    Sales

  • Current Sale Recording Date: Oct 30, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1186
  • Previous Sale Recording Date: Nov 20, 1992
  • Previous Sale Amount: $112,900
  • Previous Sale Document Type: 27
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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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 years ago
Data Source: MLS PIN, MLS# 30529851

Frequently Asked Questions

When was property at 16 Wellesley Road built and last sold?
The property at 16 Wellesley Road was built in 1915 and last sold on Jan 1, 1970 for $220,000.
How much is this home worth?
The estimated value of the home located at 16 Wellesley Road is $242,745.
What are some comparable homes to 16 Wellesley Road?
There are currently no comparable homes to 16 Wellesley Road.
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