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Wellesley 02482
165 Great Plain Ave
$845,000
● House - Off Market

165 Great Plain Ave

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,748 Ft²
$1,589,196
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Not to be missed--a surprising private oasis!  This charming, completely renovated and perfectly "right-sized" 4-bedroom home sits on a 35,000+ sqft. gardner's delight complete with Gunite pool, lovely patio and plenty of room for play and entertaining.  The sun pours into an open kitchen, large family room and gorgeous fireplaced living room and a first floor bedroom and full bath offer the utmost in flexibility. A home for all seasons!
Unit Size
2,748 Ft²
Days on Market
-
Land Size
0.82 acres
Price per sqft
$305
Property Type
House
Property Taxes
$691
HOA Dues
-
Year Built
1943

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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 #71520710)

Price History

Date / Event Date Event Price
Aug 28, 2013 Sold
Premium
Sold
May 6, 2013 Listed by Rutledge Properties $839,000
Listed by Rutledge Properties

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1980
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,785
  • Total Building Area: 2,748
  • Building Area: 2,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,748
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000822
  • 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: 404400

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:059 R:001 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2909
  • Longitude: -71.2705

    Address

  • Full Address: 165 Great Plain Ave
  • Address - House Number: 165
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 7211
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,354,500

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,565,246
  • High Value: 1,806,472
  • Low Value: 1,324,020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,183,000
  • Assessed Land Value: $1,040,000
  • Assessed Improvements Value: $143,000

    Sales

  • Current Sale Recording Date: Oct 12, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 104962
  • Previous Sale Recording Date: Aug 28, 2013
  • Previous Sale Amount: $845,000
  • 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:

$2,150,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4244 ft²

Average Home Age

53.4 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# 71520710

Frequently Asked Questions

When was property at 165 Great Plain Avenue built and last sold?
The property at 165 Great Plain Avenue was built in 1943 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 165 Great Plain Avenue is $896,315.
What are some comparable homes to 165 Great Plain Avenue?
There are currently no comparable homes to 165 Great Plain Avenue.
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