$415,000
●
House -
Off Market
24 Lantern Lane
Wellesley, MA 02481
2 Beds
2 Baths,
1
Half Bath
1,326 Ft²
$1,021,546
RealtyHop Estimate
146.16%
Since Dec 1, 2001
MA-Boston
Primary Model
About This Property
UNIQUE & CHARMING CENTER CHIMNEY CAPE W/ ATTACHED 2 CAR GAR.
COUNTRY KIT W/PELLET STOVE OR FIRE PLACE. BRICK FLR, VAULTED
CEILING, SUBZERO REFRIG, 1ST FLR DEN, LAUNDRY RM & 2/3 BDRMS
COVERED FARMERS PORCH, GREAT YARD & NEAR RT 9 & 128.
Unit Size
1,326 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$313
Property Type
House
Property Taxes
$246
HOA Dues
-
Year Built
-
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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 years ago (MLSPIN #30533716)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by Compass | $1,350,000 | |
| Listed by Compass | |||
| | |||
|
Come fall in love with this picture-perfect, spacious and charming Cape! It is brimming with natural light, has been beautifully maintained by meticulous owners, and there are so many updates! Fantastic, open and flexible floorplan offers a first-floor bedroom or office. The well-equipped kitchen has soaring ceilings and views of the generous patio and a light-filled family room overlooks the grounds. Gorgeous dining room with fireplace. The primary suite has vaulted ceilings, fireplace and its bath is newly updated with a spa tub and shower. There are newer appliances, HVAC, landscaping and driveway and it is freshly painted inside and out. The two-car attached garage is accessible through the generous mudroom. The backyard is expansive, level and fenced. Conveniently located in a neighborhood with easy access to major routes.
| |||
| Jun 10, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Listed by Pinnacle Residential | $1,129,000 | |
| Listed by Pinnacle Residential | |||
| | |||
|
This is a wonderfully maintained, picture-perfect Cape-style residence with a dramatic two-story addition. The first floor includes a well-equipped kitchen with a granite breakfast bar, cathedral beamed ceiling and cook-top. It is an open floor-plan, with a step-up dining room with fireplace and a sun-filled family room with hardwood flooring. French doors open to a large patio and a spacious fenced backyard, ideal for entertaining or recreation. An office/den, half bathroom and a mudroom off the kitchen complete the main level. Upstairs there are three bedrooms, including a beautiful master with a gas fireplace. It features high ceilings, generously-sized windows and a walk-in closet. The luxurious bathroom has a spa tub and shower. Two additional bedrooms share a renovated bathroom. The property includes a storage shed and a two-car garage. Convenient to Routes 9 and 128, and both Newton and Wellesley shops, Lantern Lane is a low-traffic, charming neighborhood.
| |||
| Nov 19, 2014 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
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