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Wellesley 02481
28 Ledgeways
Photo of 28 Ledgeways
Sold on Nov 17, 2010

1

Map

$1,615,000
● House - Off Market

28 Ledgeways

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,668 Ft²
$3,413,086
RealtyHop Estimate
109.91%
Since Dec 1, 2010
MA-Boston
Primary Model

About This Property

Priced to Sell!  Lovely New England colonial has all the charm you're looking for. Generously proportioned and richly detailed formal rooms. Eat-in Rutt kitchen of cherry, granite, and stainless leads to sun-splashed family room with built-ins. 5 bedrooms include a master with a fireplace. Set like a jewel on a beautiful private lot on one of the prettiest lanes in town.
Unit Size
3,668 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$443
Property Type
House
Property Taxes
$1,286
HOA Dues
-
Year Built
1930

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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: 13 months ago (MLSPIN #71115412)

Price History

Date / Event Date Event Price
Nov 17, 2010 Sold
Premium
Sold
Jul 28, 2010 Listed by Rutledge Properties $1,626,000
Listed by Rutledge Properties
Mar 26, 2010 Listed by Rutledge Properties $1,795,000
Listed by Rutledge Properties
Aug 1, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2013
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 28,520
  • Total Building Area: 4,768
  • Building Area: 4,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000655
  • 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: 404201

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:094 R:029 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3205
  • Longitude: -71.2839

    Address

  • Full Address: 28 Ledgeways
  • Address - House Number: 28
  • Address - Street Name: Ledgeways
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C016
  • 4-Digit Zip Code: 1457
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,811,000

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 3,375,023
  • High Value: 3,777,837
  • Low Value: 2,972,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,455,000
  • Assessed Land Value: $1,191,000
  • Assessed Improvements Value: $1,264,000

    Sales

  • Current Sale Recording Date: Nov 17, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 120025
  • Previous Sale Recording Date: Aug 01, 2003
  • Previous Sale Amount: $1,855,885
  • Previous Sale Document Type: 27
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

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Last Updated: 13 months ago
Data Source: MLS PIN, MLS# 71115412

Frequently Asked Questions

When was property at 28 Ledgeways built and last sold?
The property at 28 Ledgeways was built in 1930 and last sold on Jan 1, 1970 for $1,615,000.
How much is this home worth?
The estimated value of the home located at 28 Ledgeways is $0.
What are some comparable homes to 28 Ledgeways?
There are currently no comparable homes to 28 Ledgeways.
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