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Wellesley 02481
3 Clock Tower Dr
Photo of 3 Clock Tower Dr
Sold on Aug 16, 2007

1

Map

$1,485,000
● House - Off Market

3 Clock Tower Dr

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,744 Ft²
$2,904,659
RealtyHop Estimate
87.52%
Since Sep 1, 2007
MA-Boston
Primary Model

About This Property

Enjoy everything that Wellesley Hills has to offer! Hidden away on a child-safe cul-de-sac, great views and a commuter's dream location. This 11 rm, 5 bed. Colonial is a classic with lots of flair. A private study,lg sunroom,great granite kitchen and adjoining fireplaced fam.rm,liv.rm and lovely dining rm complete the first floor. 5 beds. and 3full baths on the second floor,expand into a walk-up attic or enjoy the finished lower level playroom. Move right in and enjoy loads of family space.
Unit Size
3,744 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$414
Property Type
House
Property Taxes
$1,034
HOA Dues
-
Year Built
1997

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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: 4 months ago (MLSPIN #70570414)

Price History

Date / Event Date Event Price
Aug 16, 2007 Sold
Premium
Sold
May 2, 2007 Listed $1,549,000
Listed
Jan 15, 2004 Sold
Premium
Sold
Sep 12, 2003 Listed $1,399,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 10
  • 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: 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: 22,067
  • Total Building Area: 3,744
  • Building Area: 3,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000507
  • 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: SR20

Geography

  • Parcel: WELL M:064 R:067 S:
  • Municipality: WELLESLEY
  • Latitude: 42.313
  • Longitude: -71.2723

    Address

  • Full Address: 3 Clock Tower Dr
  • Address - House Number: 3
  • Address - Street Name: Clock Tower
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C006
  • 4-Digit Zip Code: 7624
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,173,200

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,474,925
  • High Value: 2,897,513
  • Low Value: 2,052,337

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,898,000
  • Assessed Land Value: $1,152,000
  • Assessed Improvements Value: $746,000

    Sales

  • Current Sale Recording Date: Aug 16, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 123655
  • Previous Sale Recording Date: Jan 15, 2004
  • Previous Sale Amount: $1,350,000
  • 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:

$2,149,500

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4381 ft²

Average Home Age

49.4 years

Currently For Sale

58 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# 70570414

Frequently Asked Questions

When was property at 3 Clock Tower Drive built and last sold?
The property at 3 Clock Tower Drive was built in 1997 and last sold on Jan 1, 1970 for $1,485,000.
How much is this home worth?
The estimated value of the home located at 3 Clock Tower Drive is $1,552,712.
What are some comparable homes to 3 Clock Tower Drive?
There are currently no comparable homes to 3 Clock Tower Drive.
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