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Wellesley 02482
22 Southgate Road
Photo of 22 Southgate Road
Sold on Dec 8, 2005

1

Map

$1,525,000
● House - Off Market

22 Southgate Road

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
2 Baths, 3 Half Baths
square feet
4,698 Ft²
$3,045,711
RealtyHop Estimate
79.69%
Since Jan 1, 2006
MA-Boston
Primary Model

About This Property

5 Bedroom Colonial with spacious 1994 addition. Dana Hall area. Great country kitchen w/granite island, subzero,walk-in pantry, breakfast room with cath. ceiling, family room with fireplace, 4-season porch w/ wood burning stove. Master suite with  marble fireplace, tray ceiling,walk-in closets & huge master bath with oversized shower & whirlpool tub.  Bonus basement playroom and wine cellar. Beautifully landscaped grounds. Central Air. Heated pool/whirpool. Walk to town center, and train.
Unit Size
4,698 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$361
Property Type
House
Property Taxes
$912
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #70174956)

Price History

Date / Event Date Event Price
Jun 7, 2010 Sold
Premium
Sold
Mar 18, 2010 Listed $1,675,000
Listed
Dec 8, 2005 Sold
Premium
Sold
Apr 16, 2005 Listed $1,695,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • 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: 200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,447
  • Total Building Area: 4,379
  • Building Area: 4,379
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,379
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000469
  • 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:100 R:056 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2964
  • Longitude: -71.2836

    Address

  • Full Address: 22 Southgate Rd
  • Address - House Number: 22
  • Address - Street Name: Southgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C055
  • 4-Digit Zip Code: 6607
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,138,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,568,979
  • High Value: 2,966,861
  • Low Value: 2,171,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,868,000
  • Assessed Land Value: $1,093,000
  • Assessed Improvements Value: $775,000

    Sales

  • Current Sale Recording Date: Jun 07, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52061
  • Previous Sale Recording Date: Dec 08, 2005
  • Previous Sale Amount: $1,525,000
  • 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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4171 ft²

Average Home Age

51.8 years

Currently For Sale

60 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: 5 months ago
Data Source: MLS PIN, MLS# 70174956

Frequently Asked Questions

When was property at 22 Southgate Road built and last sold?
The property at 22 Southgate Road was built in 1954 and last sold on Jan 1, 1970 for $1,560,000.
How much is this home worth?
The estimated value of the home located at 22 Southgate Road is $1,682,945.
What are some comparable homes to 22 Southgate Road?
There are currently no comparable homes to 22 Southgate Road.
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