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Wellesley 02482
28 Beechwood Rd
$900,000
● House - Off Market

28 Beechwood Rd

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,926 Ft²
$1,730,196
RealtyHop Estimate
82.32%
Since Oct 1, 2014
MA-Boston
Primary Model

About This Property

Lovingly maintained Gracious Porter built home in coveted Bates School district. Lot is spectacular with 14,663 sf 2008  roof, heat and air conditioning. 4 generous sized bedrooms with refreshed baths. Gracious Living Room w/ fireplace, formal Dining Room, study w/built ins, powder bath, spacious screen porch, & renovated eat in  kitchen complete the 1st floor. Finished lower level & 2 car garage. This home offers great space w/ large, level, landscaped yard w/ sprinklers.
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$493
Property Type
House
Property Taxes
$680
HOA Dues
-
Year Built
1959

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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 #71694219)

Price History

Date / Event Date Event Price
Sep 5, 2014 Sold
Premium
Sold
Jun 6, 2014 Listed by Realty Consultants $949,000
Listed by Realty Consultants

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 14,663
  • Total Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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: 404301

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:181 R:026 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3073
  • Longitude: -71.3176

    Address

  • Full Address: 28 Beechwood Rd
  • Address - House Number: 28
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 2337
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,249,200

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,507,576
  • High Value: 1,765,839
  • Low Value: 1,249,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,091,000
  • Assessed Land Value: $824,000
  • Assessed Improvements Value: $267,000

    Sales

  • Current Sale Recording Date: Sep 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77011
  • Previous Sale Recording Date: Nov 13, 2013
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

$671

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71694219

Frequently Asked Questions

When was property at 28 Beechwood Road built and last sold?
The property at 28 Beechwood Road was built in 1959 and last sold on Jan 1, 1970 for $900,000.
How much is this home worth?
The estimated value of the home located at 28 Beechwood Road is $970,133.
What are some comparable homes to 28 Beechwood Road?
There are currently no comparable homes to 28 Beechwood Road.
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