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Wellesley 02482
2 Shadow Lane
$2,450,888
● House - Off Market

2 Shadow Lane

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,077 Ft²
$2,314,263
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Fabulous Wellesley Fells location. Close to town, train, Morses Pond and Hardy School. This stunning 2006 colonial has it all. Easy living floorpan with space to spare,  it has both formal and informal spaces with chef's kitchen, walk in pantry and wet bar, and the home office everyone wants. Upstairs is an oversized primary bedroom with spa bath and three additional bedrooms, two more full baths, and the laundry. The lower level has plenty of space for play and storage plus another full bath. Ready for a new owner to enjoy all Wellesley has to offer. .
Unit Size
4,077 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$552
Property Type
House
Property Taxes
$1,362
HOA Dues
-
Year Built
2006

Payment Calculator

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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 #72984175)

Price History

Date / Event Date Event Price
Jul 28, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Advisors Living - Wellesley $2,250,000
Listed by Advisors Living - Wellesley
Sep 25, 2009 Sold
Premium
Sold
Aug 21, 2009 Sold
Premium
Sold
Feb 25, 2009 Listed by Advisors Living - Wellesley $1,399,000
Listed by Advisors Living - Wellesley
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 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: 10,020
  • Total Building Area: 4,404
  • Building Area: 4,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,404
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:182 R:024 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3031
  • Longitude: -71.3149

    Address

  • Full Address: 2 Shadow Ln
  • Address - House Number: 2
  • Address - Street Name: Shadow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4311
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,023,200

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,586,182
  • High Value: 3,029,222
  • Low Value: 2,143,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,767,000
  • Assessed Land Value: $797,000
  • Assessed Improvements Value: $970,000

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67109
  • Previous Sale Recording Date: Sep 25, 2009
  • Previous Sale Amount: $1,275,000
  • Previous Sale Document Type: 27

    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:

$2,149,500

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4381 ft²

Average Home Age

49.4 years

Currently For Sale

58 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72984175

Frequently Asked Questions

When was property at 2 Shadow Lane built and last sold?
The property at 2 Shadow Lane was built in 2006 and last sold on Jul 28, 2022 for $2,450,888.
How much is this home worth?
The estimated value of the home located at 2 Shadow Lane is $2,262,256.
What are some comparable homes to 2 Shadow Lane?
There are currently no comparable homes to 2 Shadow Lane.
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