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Wellesley 02481
18 Alba Road
Photo of 18 Alba Road
Sold on Jul 30, 2004

1

Map

$745,000
● House - Off Market

18 Alba Road

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,712 Ft²
$1,395,622
RealtyHop Estimate
87.33%
Since Aug 1, 2004
MA-Boston
Primary Model

About This Property

Delightful colonial in immaculate condition inside & out! Front-to-back living rm w/fireplace, formal dining room w/china cabinet, updated kitchen & screened porch. Second floor has spacious master bdrm w/window seat & updated full bath, two additional bdrms & 2nd full bath. Walk-up attic. Access to garage off small mudrm & deck off kitch.  Well-landscaped corner lot. Great nghbhd & loc convenient to shops, major routes & train. Tasteful decor, move right in. This is a true gem!
Unit Size
1,712 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$435
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1950

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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: 5 months ago (MLSPIN #70037161)

Price History

Date / Event Date Event Price
Jul 30, 2004 Sold
Premium
Sold
May 19, 2004 Listed $745,000
Listed
Mar 7, 1996 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 10,038
  • Total Building Area: 2,531
  • Building Area: 2,531
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,531
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 404202

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:098 R:053 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3054
  • Longitude: -71.2867

    Address

  • Full Address: 18 Alba Rd
  • Address - House Number: 18
  • Address - Street Name: Alba
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C012
  • 4-Digit Zip Code: 4826
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,254,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,494,811
  • High Value: 1,726,326
  • Low Value: 1,263,296

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,096,000
  • Assessed Land Value: $797,000
  • Assessed Improvements Value: $299,000

    Sales

  • Current Sale Recording Date: Jul 30, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 166584
  • Previous Sale Recording Date: Mar 07, 1996
  • Previous Sale Amount: $346,000
  • Previous Sale Document Type: 43
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

4260 ft²

Average Home Age

50.2 years

Currently For Sale

57 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# 70037161

Frequently Asked Questions

When was property at 18 Alba Road built and last sold?
The property at 18 Alba Road was built in 1950 and last sold on Jan 1, 1970 for $745,000.
How much is this home worth?
The estimated value of the home located at 18 Alba Road is $773,789.
What are some comparable homes to 18 Alba Road?
There are currently no comparable homes to 18 Alba Road.
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