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Wellesley 02482
18 Halsey Ave
$2,250,000
● House - Off Market

18 Halsey Ave

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,025 Ft²
$2,305,876
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Custom home in one of Wellesley's most popular neighborhoods. Abuts Morses Pond area, Town Forest and trails so it feels like the country, but less than a mile to Wellesley Square, its train and shopping. The best of all worlds. This is the builder's own house, and has many extras. There are 2 gas and 1 wood burning fireplaces, 2 home offices and soaring ceiling in the family room complete with a custom wet bar.  Two bath are recently updated, and the lower level is finished with a full bath.  4 spacious corner bedrooms and 2nd floor laundry. Sunny breakfast nook and wonderful sunshine and sunsets for you to enjoy.  Such a peaceful setting.
Unit Size
5,025 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$457
Property Type
House
Property Taxes
$1,379
HOA Dues
-
Year Built
2004

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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 #73071923)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Apr 2, 2023 In contract -
In contract
Mar 31, 2023 Price Decreased $2,295,000
↓ $155K (6.3%)
Price Decreased
Mar 20, 2023 Price Decreased $2,450,000
↓ $50K (2%)
Price Decreased
Feb 7, 2023 Price Increased $2,500,000
↑ $205K (8.9%)
Price Increased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 11,998
  • Total Building Area: 3,663
  • Building Area: 3,663
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,663
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000275
  • 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:172 R:066 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2983
  • Longitude: -71.3109

    Address

  • Full Address: 18 Halsey Ave
  • Address - House Number: 18
  • Address - Street Name: Halsey
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C049
  • 4-Digit Zip Code: 4444
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,654,500

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 2,190,493
  • High Value: 2,570,139
  • Low Value: 1,810,847

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,445,000
  • Assessed Land Value: $827,000
  • Assessed Improvements Value: $618,000

    Sales

  • Current Sale Contract Date: May 15, 2023
  • Current Sale Recording Date: May 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28905

    Financing

  • First Mortgage Financing Type: ADJ
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

$671

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73071923

Frequently Asked Questions

When was property at 18 Halsey Avenue built and last sold?
The property at 18 Halsey Avenue was built in 2004 and last sold on May 15, 2023 for $2,250,000.
How much is this home worth?
The estimated value of the home located at 18 Halsey Avenue is $2,365,985.
What are some comparable homes to 18 Halsey Avenue?
There are currently no comparable homes to 18 Halsey Avenue.
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