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Wellesley 02481
22 Pine Plain Road
Photo of 22 Pine Plain Road
Sold on Nov 30, 2007

1

Map

$747,000
● House - Off Market

22 Pine Plain Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,072 Ft²
$1,546,477
RealtyHop Estimate
94.53%
Since Dec 1, 2007
MA-Boston
Primary Model

About This Property

Tree lined street in Fells location with path to Bates Scool. Built in 1929, expanded and updated over over the years. Formal Living & dining rooms, hardwood floors, two fireplaces, . More recent updates include replacement windows, 3 yr old furnace, New water heater, dishwasher, range and microwave.   Sparkling inground pool OR level rear yard.  Expansive lower level for many possibilities and it even has a 1/2 bath.  Seller offering $15,000 credit towards filling in pool or home renovations!
Unit Size
2,072 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$384
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1929

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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 #70643263)

Price History

Date / Event Date Event Price
Nov 30, 2007 Sold
Premium
Sold
Sep 6, 2007 Listed $795,000
Listed
Oct 21, 1999 Sold
Premium
Sold
Jul 14, 1999 Listed $489,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1980
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 8,750
  • Total Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000201
  • 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:180 R:141 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3121
  • Longitude: -71.3139

    Address

  • Full Address: 22 Pine Plain Rd
  • Address - House Number: 22
  • Address - Street Name: Pine Plain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C071
  • 4-Digit Zip Code: 1124
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,117,500

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,374,274
  • High Value: 1,585,131
  • Low Value: 1,163,416

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $976,000
  • Assessed Land Value: $743,000
  • Assessed Improvements Value: $233,000

    Sales

  • Current Sale Recording Date: Nov 30, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 125973
  • Previous Sale Recording Date: Oct 21, 1999
  • Previous Sale Amount: $467,500
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70643263

Frequently Asked Questions

When was property at 22 Pine Plain Road built and last sold?
The property at 22 Pine Plain Road was built in 1929 and last sold on Jan 1, 1970 for $747,000.
How much is this home worth?
The estimated value of the home located at 22 Pine Plain Road is $828,259.
What are some comparable homes to 22 Pine Plain Road?
There are currently no comparable homes to 22 Pine Plain Road.
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