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Wellesley 02481
22 Hillside Road
$1,220,000
● House - Off Market

22 Hillside Road

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,776 Ft²
$2,359,841
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Elegant and stately 10 room brick Colonial rich with beautiful details and high ceilings in desirable Wellesley Farms. Conveniently located near the Wellesley Farms train station with easy access to the Mass Pike & Route 128. Updated kitchen and baths, sun filled den/family room, 5 bedrooms/2.5 bathrooms and finished basement. Third floor bedroom and bath ideal for teen/au pair suite. Walk to shops, restaurants and Warren Park. The best of Wellesley Farms. A home to cherish!
Unit Size
2,776 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$468
Property Type
House
Property Taxes
$1,060
HOA Dues
-
Year Built
1915

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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 #71625546)

Price History

Date / Event Date Event Price
May 9, 2014 Sold
Premium
Sold
Jan 22, 2014 Listed by The Entry Only Listing Service $1,299,000
Listed by The Entry Only Listing Service
Jun 10, 2008 Sold
Premium
Sold
Apr 9, 2008 Listed by The Entry Only Listing Service $1,295,000
Listed by The Entry Only Listing Service
Aug 3, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • 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: 13,459
  • Total Building Area: 3,041
  • Building Area: 3,041
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,041
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000309
  • 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: 404201

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:043 R:034 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3215
  • Longitude: -71.2654

    Address

  • Full Address: 22 Hillside Rd
  • Address - House Number: 22
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C038
  • 4-Digit Zip Code: 3237
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,566,400

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,010,597
  • High Value: 2,353,902
  • Low Value: 1,667,292

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,368,000
  • Assessed Land Value: $811,000
  • Assessed Improvements Value: $557,000

    Sales

  • Current Sale Recording Date: May 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 34861
  • Previous Sale Recording Date: Jun 10, 2008
  • Previous Sale Amount: $1,277,500
  • 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:

$2,150,000

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4280 ft²

Average Home Age

52.9 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# 71625546

Frequently Asked Questions

When was property at 22 Hillside Road built and last sold?
The property at 22 Hillside Road was built in 1915 and last sold on Jan 1, 1970 for $1,220,000.
How much is this home worth?
The estimated value of the home located at 22 Hillside Road is $1,308,813.
What are some comparable homes to 22 Hillside Road?
There are currently no comparable homes to 22 Hillside Road.
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