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Wellesley 02482
23 Southgate Rd
Photo of 23 Southgate Rd
Sold on Jul 15, 2010

1

Map

$920,000
● House - Off Market

23 Southgate Rd

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,938 Ft²
$2,173,421
RealtyHop Estimate
102.18%
Since Aug 1, 2010
MA-Boston
Primary Model

About This Property

Delightful 4 bedroom Porter Colonial situated on choice 0.48 acre level lot in desirable Dana Hall/Hunnewell school area. Features include updated eat-in-kitchen, screened porch, patio, AC, irrigation system, and more. This well established neighborhood enjoys privacy yet it is a short distance from the schools, brook path, main library, town, and train. Great expansion potential.
Unit Size
1,938 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$555
Property Type
House
Property Taxes
$686
HOA Dues
-
Year Built
2012

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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: 2 years ago (MLSPIN #70992244)

Price History

Date / Event Date Event Price
Jul 15, 2010 Sold
Premium
Sold
Oct 21, 2009 Listed $1,075,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • 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: 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: 21,077
  • Total Building Area: 5,660
  • Building Area: 5,660
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,660
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000484
  • 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:052 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2961
  • Longitude: -71.2842

    Address

  • Full Address: 23 Southgate Rd
  • Address - House Number: 23
  • Address - Street Name: Southgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C055
  • 4-Digit Zip Code: 6606
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,567,100

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 2,942,870
  • High Value: 3,294,106
  • Low Value: 2,591,634

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,242,000
  • Assessed Land Value: $1,110,000
  • Assessed Improvements Value: $1,132,000

    Sales

  • Current Sale Recording Date: Jul 15, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 66723
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

$670

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: 2 years ago
Data Source: MLS PIN, MLS# 70992244

Frequently Asked Questions

When was property at 23 Southgate Road built and last sold?
The property at 23 Southgate Road was built in 2012 and last sold on Jan 1, 1970 for $920,000.
How much is this home worth?
The estimated value of the home located at 23 Southgate Road is $0.
What are some comparable homes to 23 Southgate Road?
There are currently no comparable homes to 23 Southgate Road.
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