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Wellesley 02482
305 Weston Rd
$750,000
● House - Off Market

305 Weston Rd

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,755 Ft²
$950,905
RealtyHop Estimate
19.61%
Since Apr 1, 2021
MA-Boston
Primary Model

About This Property

Get in to Wellesley in this pristine 5 bedroom Traditional New England Colonial home!  Fantastic location! Nearby to Wellesley's Fells market, bank, cafe and all main routes!  This lovely home offers high ceilings, beautiful hardwood floors, an eat-in granite kitchen! with stainless steel appliances, plenty of storage and cabinets. A traditional Dining Room w corner China cabinet, A sun-filled living room front facing, with fireplace and exquisite French doors! Upstairs offers all oversized bedrooms with one full bath. The third level has tremendous space; bedroom/sitting area. Walk in laundry room in the basement with amazing storage space! Additionally, a one car garage with 5+ driveway spaces! Come on by and see this very much loved by one family owned home!
Unit Size
1,755 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$453
Property Type
House
Property Taxes
$682
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 years ago (MLSPIN #72777295)

Price History

Date / Event Date Event Price
Mar 29, 2021 Sold
Premium
Sold
Jan 21, 2021 Listed by Coldwell Banker Realty - Wellesley $795,000
Listed by Coldwell Banker Realty - Wellesley

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Total Rooms: 9
  • Bedroom Count: 5
  • 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: 5,925
  • Total Building Area: 1,755
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000136
  • 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:054 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3048
  • Longitude: -71.3119

    Address

  • Full Address: 305 Weston Rd
  • Address - House Number: 305
  • Address - Street Name: Weston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 4532
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $772,900

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 906,274
  • High Value: 1,045,944
  • Low Value: 766,605

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $675,000
  • Assessed Land Value: $574,000
  • Assessed Improvements Value: $101,000

    Sales

  • Current Sale Contract Date: Mar 29, 2021
  • Current Sale Recording Date: Mar 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 40849
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

$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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72777295

Frequently Asked Questions

When was property at 305 Weston Road built and last sold?
The property at 305 Weston Road was built in 1929 and last sold on Mar 29, 2021 for $750,000.
How much is this home worth?
The estimated value of the home located at 305 Weston Road is $0.
What are some comparable homes to 305 Weston Road?
There are currently no comparable homes to 305 Weston Road.
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