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Wellesley 02482
3 Swarthmore Road
$768,000
● House - Off Market

3 Swarthmore Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,219 Ft²
$1,748,939
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model

About This Property

Beautiful Porter-built 10 rm Colonial, set on a cul de sac with comparable fine homes.  Inviting living rm with fireplace. Formal dining rm. Spacious, custom-built family rm off of the kitchen. Gleaming refinished hdwd flrs throughout, recently painted interior, replacement Thermopane windows & CA. Screened-in porch overlooks the landscaped yard with garden area. Finished walk-out LL.. Heated garage. Fantastic location, near Wellesley Square, Train Station, Shops, Library & all schools.
Unit Size
2,219 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$360
Property Type
House
Property Taxes
$797
HOA Dues
-
Year Built
1961

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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 #71224848)

Price History

Date / Event Date Event Price
Jan 30, 2012 Sold
Premium
Sold
Apr 30, 2011 Listed by William Raveis R.E. & Home Services $799,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 20,031
  • Total Building Area: 2,205
  • Building Area: 2,205
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,205
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 404400

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:088 R:056 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2976
  • Longitude: -71.2831

    Address

  • Full Address: 3 Swarthmore Rd
  • Address - House Number: 3
  • Address - Street Name: Swarthmore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C055
  • 4-Digit Zip Code: 6608
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,561,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,768,997
  • High Value: 2,042,978
  • Low Value: 1,495,016

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,364,000
  • Assessed Land Value: $1,081,000
  • Assessed Improvements Value: $283,000
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: 4 months ago
Data Source: MLS PIN, MLS# 71224848

Frequently Asked Questions

When was property at 3 Swarthmore Road built and last sold?
The property at 3 Swarthmore Road was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Swarthmore Road is $843,528.
What are some comparable homes to 3 Swarthmore Road?
There are currently no comparable homes to 3 Swarthmore Road.
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