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Wellesley 02482
23 Turner Rd
$610,000
● House - Off Market

23 Turner Rd

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$1,284,711
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

Tremendous opportunity to build on this beautiful 11,436 sq. ft. conforming (quarter acre) lot with views of conservation land.  This large level lot is located in the "Woodlands" and  within walking distance to schools, town and train.  Don't miss this opportunity to create the perfect home on this beautiful lot.  All this with walking trails, Morses Pond and Mac Kinnon playground within your neighborhood.
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$620
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
2011

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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 #71194092)

Price History

Date / Event Date Event Price
Jun 3, 2011 Sold
Premium
Sold
Mar 2, 2011 Listed by JT Fleming & Company $625,000
Listed by JT Fleming & Company

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 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: 11,436
  • Total Building Area: 3,580
  • Building Area: 3,580
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,580
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY PROP
  • Land Acres: 0000000263
  • 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:160 R:007 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2999
  • Longitude: -71.3075

    Address

  • Full Address: 23 Turner Rd
  • Address - House Number: 23
  • Address - Street Name: Turner
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C049
  • 4-Digit Zip Code: 4427
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,690,000

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,142,465
  • High Value: 2,474,288
  • Low Value: 1,810,642

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,476,000
  • Assessed Land Value: $818,000
  • Assessed Improvements Value: $658,000

    Sales

  • Current Sale Recording Date: Jun 03, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000005
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:

$2,149,500

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4381 ft²

Average Home Age

49.4 years

Currently For Sale

58 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# 71194092

Frequently Asked Questions

When was property at 23 Turner Road built and last sold?
The property at 23 Turner Road was built in 2011 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 23 Turner Road is $634,517.
What are some comparable homes to 23 Turner Road?
There are currently no comparable homes to 23 Turner Road.
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