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Wellesley 02482
2 Beechwood Road
$673,500
● House - Off Market

2 Beechwood Road

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,056 Ft²
$1,478,161
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

You must come inside! This house is surprisingly spacious (over 2000 SF) and offers (1) a beautiful 2006/7 kitchen with cherry cabinets, granite counters & a fireplace; (2) an adjacent family room, also with a fireplace; (3) four ample bedrooms (the master bedroom has its own bath); (4) bonus playroom space that fills most of the basement; (5) a large deck with southern exposure; (6) a fenced, level back yard. We have an architectural rendering of a front facelift that says "welcome to our home!
Unit Size
2,056 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$345
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1985

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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 #70888391)

Price History

Date / Event Date Event Price
Mar 5, 2010 Sold
Premium
Sold
Mar 16, 2009 Listed by Hammond Residential $709,000
Listed by Hammond Residential
Nov 15, 1999 Sold
Premium
Sold
Oct 2, 1999 Listed by Hammond Residential $549,900
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 2015
  • Total Rooms: 9
  • 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: 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: 10,500
  • Total Building Area: 2,336
  • Building Area: 2,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000241
  • 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: SR10

Geography

  • Parcel: WELL M:181 R:020 S:B
  • Municipality: WELLESLEY
  • Latitude: 42.3077
  • Longitude: -71.3158

    Address

  • Full Address: 2 Beechwood Rd
  • Address - House Number: 2
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 2337
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,409,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,682,781
  • High Value: 1,943,409
  • Low Value: 1,422,154

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,231,000
  • Assessed Land Value: $771,000
  • Assessed Improvements Value: $460,000

    Sales

  • Current Sale Recording Date: Mar 05, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20845
  • Previous Sale Recording Date: Nov 15, 1999
  • Previous Sale Amount: $538,000
  • 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 Wellesley

Stats & Trends

Median Asking:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4171 ft²

Average Home Age

51.8 years

Currently For Sale

60 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# 70888391

Frequently Asked Questions

When was property at 2 Beechwood Road built and last sold?
The property at 2 Beechwood Road was built in 1985 and last sold on Jan 1, 1970 for $673,500.
How much is this home worth?
The estimated value of the home located at 2 Beechwood Road is $741,235.
What are some comparable homes to 2 Beechwood Road?
There are currently no comparable homes to 2 Beechwood Road.
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