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Wellesley 02482
27 Fells Road
$855,000
● House - Off Market

27 Fells Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,457 Ft²
$1,457,722
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Welcome Home, Your Dream's Come True! Classic Wellesley Stone Front Garrison Colonial ~ Picket Fenced Corner Lot/Beautiful Mature Landscape Plantings ~ Quiet Fells Family Neighborhood, Near Town, Train, Schools, Shopping, Neighborhood Library AND 1/2 Mile to Town Beach ~ Loved by Original Owners since built in 1963 ~ 3 Bedrooms, Freshly Polished Hardwood, Bright Country Kitchen/Gas Cooking, Sunroom, Lower Level Family Room & Laundry, Wonderful Custom Built Cabinets, Closets & Storage Space, Attached Garage ~ AMAZING VALUE surrounded by Higher Priced Homes
Unit Size
1,457 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$583
Property Type
House
Property Taxes
$717
HOA Dues
-
Year Built
1963

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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 #71957738)

Price History

Date / Event Date Event Price
May 27, 2021 Sold
Premium
Sold
Mar 23, 2021 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $1,295,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Mar 31, 2016 Sold
Premium
Sold
Feb 10, 2016 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $850,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,013
  • Total Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:182 R:059 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3038
  • Longitude: -71.3136

    Address

  • Full Address: 27 Fells Rd
  • Address - House Number: 27
  • Address - Street Name: Fells
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4413
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,509,100

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,746,915
  • High Value: 2,016,139
  • Low Value: 1,477,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,318,000
  • Assessed Land Value: $797,000
  • Assessed Improvements Value: $521,000

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70040
  • Previous Sale Recording Date: Mar 31, 2016
  • Previous Sale Amount: $855,000
  • Previous Sale Document Type: O
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

4244 ft²

Average Home Age

53.4 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71957738

Frequently Asked Questions

When was property at 27 Fells Road built and last sold?
The property at 27 Fells Road was built in 1963 and last sold on May 27, 2021 for $1,465,000.
How much is this home worth?
The estimated value of the home located at 27 Fells Road is $1,328,352.
What are some comparable homes to 27 Fells Road?
There are currently no comparable homes to 27 Fells Road.
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