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Wellesley 02482
294 Weston Rd
$990,000
● House - Off Market

294 Weston Rd

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,608 Ft²
$1,086,566
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

Come fall in love with this perfectly charming Colonial, steps to Hardy Elementary School. Beautiful details include arched entryways, handsome moldings, polished hardwoods, inglenooks and wide windows. The welcoming foyer leads to a well-proportioned living room with wood burning fireplace and a lovely dining room that features wainscotted walls. There is an ideal office - perfect for working from home. A bright and sunny eat-in kitchen with garage access completes the first level. The second floor has three generous bedrooms and a roomy bath with double vanity. The finished lower-level area offers great casual family space.  Enjoy a terrific, level and private yard that has plenty of room for gardening and play. Convenient to Route 9, Morses' Pond, Fells Market, and conservation trails. Move right in and enjoy!
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$637
Property Type
House
Property Taxes
$894
HOA Dues
-
Year Built
1937

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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 #73055287)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Jan 9, 2023 In contract -
In contract
Dec 8, 2022 Relisted $630,000
Relisted
Nov 24, 2022 In contract -
In contract
Nov 3, 2022 Listed by Douglas Elliman Real Estate - Wellesley $1,025,000
Listed by Douglas Elliman Real Estate - Wellesley
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 10,099
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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:171 R:031 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3039
  • Longitude: -71.3117

    Address

  • Full Address: 294 Weston Rd
  • Address - House Number: 294
  • Address - Street Name: Weston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 4579
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,098,100

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,260,536
  • High Value: 1,455,767
  • Low Value: 1,065,305

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $959,000
  • Assessed Land Value: $758,000
  • Assessed Improvements Value: $201,000

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 9579
  • Previous Sale Recording Date: Sep 08, 2009
  • Previous Sale Amount: $630,000
  • 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:

$2,172,500

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4145 ft²

Average Home Age

51.4 years

Currently For Sale

59 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# 73055287

Frequently Asked Questions

When was property at 294 Weston Road built and last sold?
The property at 294 Weston Road was built in 1937 and last sold on Feb 17, 2023 for $990,000.
How much is this home worth?
The estimated value of the home located at 294 Weston Road is $1,015,975.
What are some comparable homes to 294 Weston Road?
There are currently no comparable homes to 294 Weston Road.
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