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Wellesley 02482
22 Stonecleve Rd
$856,000
● House - Off Market

22 Stonecleve Rd

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,367 Ft²
$5,645
Est. Monthly

About This Property

Heart of Morses Pond, this fixer-upper has great potential, ideal for builders and developers. This 3-bedroom, 1 bathroom home built in 1930 sits on a generous corner lot. Water views from three sides. The property features a backyard, unique to this Morses Pond neighborhood. Conveniently located to the brand new Hardy Elementary School. Nature trails and pond access just outside your front door.
Unit Size
1,367 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$717
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
1930

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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 #73271675)

Price History

Date / Event Date Event Price
Mar 21, 2025 Sold
Premium
Sold
Jan 27, 2025 In contract -
In contract
Jul 31, 2024 Listed by Advisors Living - Wellesley $980,000
Listed by Advisors Living - Wellesley
Jun 22, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1954
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,382
  • Total Building Area: 1,367
  • Building Area: 1,367
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,367
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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:183 R:033 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3008
  • Longitude: -71.3161

    Address

  • Full Address: 22 Stonecleve Rd
  • Address - House Number: 22
  • Address - Street Name: Stonecleve
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4313
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $971,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,092,913
  • High Value: 1,262,183
  • Low Value: 923,644

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $848,000
  • Assessed Land Value: $768,000
  • Assessed Improvements Value: $80,000

    Sales

  • Current Sale Recording Date: Jun 22, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 122635
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

$669

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4181 ft²

Average Home Age

47.6 years

Currently For Sale

50 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: 5 months ago
Data Source: MLS PIN, MLS# 73271675

Frequently Asked Questions

When was property at 22 Stonecleve Road built and last sold?
The property at 22 Stonecleve Road was built in 1930 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 22 Stonecleve Road is $985,334.
What are some comparable homes to 22 Stonecleve Road?
There are currently no comparable homes to 22 Stonecleve Road.
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