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Winchester 01890 Wedgemere
3 Alden Lane
Photo of 3 Alden Lane
Sold on Dec 30, 2008

1

Map

$602,500
● House - Off Market

3 Alden Lane

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,020 Ft²
$1,357,234
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Move right in to this picture perfect Cape in desirable East Hill neighborhood.  This home features an updated and expanded kitchen with cathedral ceiling and sliding glass doors to back deck, a large/private backyard, a finished basement perfect for a home office or playroom, central air conditioning, a first floor family room/4th bedroom, hardwood floors plus more.  Located in the Lincoln Elemetary School district, this home is a must see.
Unit Size
2,020 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$316
Property Type
House
Property Taxes
$537
HOA Dues
-
Year Built
1948

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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 #70835147)

Price History

Date / Event Date Event Price
Dec 30, 2008 Sold
Premium
Sold
Oct 15, 2008 Listed $639,000
Listed
Dec 29, 2000 Sold
Premium
Sold
Nov 3, 2000 Listed $459,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 988
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,870
  • Gross Building Area: 4,245
  • Building Area: 2,870
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,870
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338500

Zoning

  • Zoning: RDB

Geography

  • Parcel: WINC M:006 B:0164 L:0
  • Block: 164
  • Municipality: WINCHESTER
  • Latitude: 42.438
  • Longitude: -71.1297

    Address

  • Full Address: 3 Alden Ln
  • Address - House Number: 3
  • Address - Street Name: Alden
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Winchester
  • Carrier Code: C007
  • 4-Digit Zip Code: 4008
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,794,200

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,570,614
  • High Value: 1,848,497
  • Low Value: 1,292,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,583,600
  • Assessed Land Value: $866,300
  • Assessed Improvements Value: $717,300

    Sales

  • Current Sale Recording Date: Dec 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01489272
  • Previous Sale Recording Date: Dec 29, 2000
  • Previous Sale Amount: $467,500
  • Previous Sale Document Type: 48
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 Wedgemere

Stats & Trends

Median Asking:

$2,024,000

Sale Price/ft²

$557

Below Asking

0.02%

Average Days on Market

54

Average Home Size

3596 ft²

Average Home Age

63.3 years

Currently For Sale

6 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: 5 months ago
Data Source: MLS PIN, MLS# 70835147

Frequently Asked Questions

When was property at 3 Alden Lane built and last sold?
The property at 3 Alden Lane was built in 1948 and last sold on Jan 1, 1970 for $602,500.
How much is this home worth?
The estimated value of the home located at 3 Alden Lane is $670,975.
What are some comparable homes to 3 Alden Lane?
There are currently no comparable homes to 3 Alden Lane.
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