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Wellesley 02482
28 Colby Rd.
$935,000
● House - Off Market

28 Colby Rd.

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,724 Ft²
$1,664,307
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

The one you've been waiting for!!! Sparkling and bright 2003 Colonial with open floor plan and cul de sac location in VERY popular neighborhood! This one really has it all! Eat-in kitchen opens to spacious family room which opens out to trex deck and large, private yard. Fireplaced living room with picture windows and hook up for large flat screen. Lovely bright dining room. Master suite with walk in closet and private bath. 2nd floor laundry. Closet space galore. Lots of easy clean insulated windows let in extra sunshine. Spacious tiled playroom with full bath in lower level. Don't miss this one!!!
Unit Size
2,724 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$367
Property Type
House
Property Taxes
$805
HOA Dues
-
Year Built
1960

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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: 4 months ago (MLSPIN #72021098)

Price History

Date / Event Date Event Price
Aug 30, 2016 Sold
Premium
Sold
Jun 10, 2016 Listed by Benoit Mizner Simon & Co. - Wellesley - Central St $999,000
Listed by Benoit Mizner Simon & Co. - Wellesley - Central St
Dec 16, 2011 Sold
Premium
Sold
Sep 30, 2011 Listed by Benoit Mizner Simon & Co. - Wellesley - Central St $785,000
Listed by Benoit Mizner Simon & Co. - Wellesley - Central St
Jul 18, 2003 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 520
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,160
  • Building Area: 2,160
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,160
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:203 R:057 S:
  • Municipality: WELLESLEY
  • Latitude: 42.312
  • Longitude: -71.3267

    Address

  • Full Address: 28 Colby Rd
  • Address - House Number: 28
  • Address - Street Name: Colby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 1023
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,210,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,504,369
  • High Value: 1,762,083
  • Low Value: 1,246,655

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,057,000
  • Assessed Land Value: $777,000
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Recording Date: Aug 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87399
  • Previous Sale Recording Date: Dec 16, 2011
  • Previous Sale Amount: $767,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72021098

Frequently Asked Questions

When was property at 28 Colby Road built and last sold?
The property at 28 Colby Road was built in 1960 and last sold on Jan 1, 1970 for $935,000.
How much is this home worth?
The estimated value of the home located at 28 Colby Road is $1,044,937.
What are some comparable homes to 28 Colby Road?
There are currently no comparable homes to 28 Colby Road.
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