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Wellesley 02482
204 Grove
$2,011,000
● House - Off Market

204 Grove

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,000 Ft²
$4,568,814
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Eight years ago this home was magically transformed by a highly respected Wellesley remodeler.With large additions off the front and back of the house this very deceiving home is stunning & architecturally pleasing.With a well thought out flrplan this 5bdrm colonial is brimming w/exquisite detail thru out.There is a breath taking  gourment kit,Spectacular walnut lib,Vaulted family rm,Elegant Mst bed/ba,Beaut landscaping,Huge bluestone terrace. A visit you won't soon Forget!
Unit Size
5,000 Ft²
Days on Market
-
Land Size
0.72 acres
Price per sqft
$439
Property Type
House
Property Taxes
$2,178
HOA Dues
-
Year Built
1973

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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 #71298010)

Price History

Date / Event Date Event Price
Mar 1, 2021 Sold
Premium
Sold
Jan 13, 2021 Listed by Commonwealth Estates Residential Brokerage $2,725,000
Listed by Commonwealth Estates Residential Brokerage
Nov 21, 2012 Sold
Premium
Sold
Oct 7, 2011 Listed by Commonwealth Estates Residential Brokerage $2,195,000
Listed by Commonwealth Estates Residential Brokerage
May 30, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2002
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 31,181
  • Total Building Area: 4,366
  • Building Area: 4,366
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,366
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000716
  • 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: 404400

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:114 R:039 S:A
  • Municipality: WELLESLEY
  • Latitude: 42.2849
  • Longitude: -71.288

    Address

  • Full Address: 204 Grove St
  • Address - House Number: 204
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C022
  • 4-Digit Zip Code: 7409
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,888,800

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 3,367,156
  • High Value: 3,897,008
  • Low Value: 2,837,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,523,000
  • Assessed Land Value: $1,283,000
  • Assessed Improvements Value: $1,240,000

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26561
  • Previous Sale Recording Date: Nov 21, 2012
  • Previous Sale Amount: $2,011,000
  • Previous Sale Document Type: O
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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71298010

Frequently Asked Questions

When was property at 204 Grove Street built and last sold?
The property at 204 Grove Street was built in 1973 and last sold on Mar 1, 2021 for $2,765,000.
How much is this home worth?
The estimated value of the home located at 204 Grove Street is $2,759,421.
What are some comparable homes to 204 Grove Street?
There are currently no comparable homes to 204 Grove Street.
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