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Wellesley 02481
28 Wareland Rd
$1,227,000
● House - Off Market

28 Wareland Rd

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,304 Ft²
$1,852,046
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Sophisticated English Colonial brimming with architectural details and character; beautifully updated for easy family living and entertaining. Exceptionally spacious and airy with rich dark inlaid floors; the gracious living room features a travertine marble fireplace and flows seamlessly to light- filled study with banks of windows and French doors, and cozy family room with custom built-ins. The stunning chefs kitchen is highlighted with carrera marble counters and backsplash, stainless appliances and center island. 3 generous bedrooms includes a master suite with luxurious spa-like bath.  Gorgeous, professionally landscaped grounds offers perennial gardens, patios, terraced walk ways, and stonewalls.  Close to Centennial Park, shops and train.  Easy access to major commuter routes.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$538
Property Type
House
Property Taxes
$962
HOA Dues
-
Year Built
1929

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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: 5 months ago (MLSPIN #72415023)

Price History

Date / Event Date Event Price
Dec 28, 2018 Sold
Premium
Sold
Oct 24, 2018 Listed by Rutledge Properties $1,240,000
Listed by Rutledge Properties
Mar 31, 2014 Sold
Premium
Sold
Feb 19, 2014 Listed by Rutledge Properties $989,000
Listed by Rutledge Properties
May 22, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,317
  • Total Building Area: 2,276
  • Building Area: 2,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 404202

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:054 R:040 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3129
  • Longitude: -71.2696

    Address

  • Full Address: 28 Wareland Rd
  • Address - House Number: 28
  • Address - Street Name: Wareland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C006
  • 4-Digit Zip Code: 7610
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,438,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 1,607,544
  • High Value: 1,887,060
  • Low Value: 1,328,028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,256,000
  • Assessed Land Value: $817,000
  • Assessed Improvements Value: $439,000

    Sales

  • Current Sale Contract Date: Nov 28, 2018
  • Current Sale Recording Date: Dec 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 115405
  • Previous Sale Recording Date: Mar 31, 2014
  • Previous Sale Amount: $990,000
  • 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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4333 ft²

Average Home Age

47.6 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: 5 months ago
Data Source: MLS PIN, MLS# 72415023

Frequently Asked Questions

When was property at 28 Wareland Road built and last sold?
The property at 28 Wareland Road was built in 1929 and last sold on Nov 28, 2018 for $1,227,000.
How much is this home worth?
The estimated value of the home located at 28 Wareland Road is $1,260,409.
What are some comparable homes to 28 Wareland Road?
There are currently no comparable homes to 28 Wareland Road.
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