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Wellesley 02482
2 Dale St
$550,000
● House - Off Market

2 Dale St

Wellesley, MA 02482
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,009 Ft²
$571,426
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

This 1009 square foot single family 1930 cottage sits on a quiet dead end street and has 2 bedrooms and 1 bathrooms on .28 acres that has easy access to route 9 and Morses Pond trails.
Unit Size
1,009 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$545
Property Type
House
Property Taxes
$721
HOA Dues
-
Year Built
1949

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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 #72887167)

Price History

Date / Event Date Event Price
Mar 29, 2022 Sold
Premium
Sold
Aug 26, 2021 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $549,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 24
  • Exterior Walls Type: 11
  • 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: 12,391
  • Total Building Area: 1,009
  • Building Area: 1,009
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,009
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • 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:192 R:011 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3035
  • Longitude: -71.3195

    Address

  • Full Address: 2 Dale St
  • Address - House Number: 2
  • Address - Street Name: Dale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4202
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $925,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 906,027
  • High Value: 1,063,673
  • Low Value: 748,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $808,000
  • Assessed Land Value: $790,000
  • Assessed Improvements Value: $18,000

    Sales

  • Current Sale Contract Date: Mar 29, 2022
  • Current Sale Recording Date: Mar 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 27685
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

4139 ft²

Average Home Age

51.6 years

Currently For Sale

62 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# 72887167

Frequently Asked Questions

When was property at 2 Dale Street built and last sold?
The property at 2 Dale Street was built in 1949 and last sold on Mar 29, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 2 Dale Street is $570,088.
What are some comparable homes to 2 Dale Street?
There are currently no comparable homes to 2 Dale Street.
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