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Wellesley 02481
31 Arnold Rd
$885,000
● House - Off Market

31 Arnold Rd

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,097 Ft²
$2,878,149
RealtyHop Estimate
220.15%
Since Jan 1, 2000
MA-Boston
Primary Model

About This Property

SPARKLING 1930'S COL SITED ON A GENTLE KNOLL IN CLIFF ESTATES ENHANCED BY TASTEFUL RENOVATIONS THRUOUT! EXPANDED FAM ROOM ADJOINS KIT; ELEGANT 32' LIVING RM CONNECTS TO SUPER PORCH SCREENED FOR GREAT OUTDOOR ENTERTAINING.
Unit Size
2,097 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$429
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1934

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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 years ago (MLSPIN #30347145)

Price History

Date / Event Date Event Price
Dec 1, 1999 Sold
Premium
Sold
Aug 18, 1999 Listed by Hammond Residential $899,000
Listed by Hammond Residential
Jul 7, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 17,396
  • Total Building Area: 2,744
  • Building Area: 2,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,744
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000399
  • 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: 404201

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:096 R:023 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3112
  • Longitude: -71.2844

    Address

  • Full Address: 31 Arnold Rd
  • Address - House Number: 31
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C036
  • 4-Digit Zip Code: 2819
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,607,600

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,958,805
  • High Value: 2,262,183
  • Low Value: 1,655,427

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,404,000
  • Assessed Land Value: $931,000
  • Assessed Improvements Value: $473,000

    Sales

  • Current Sale Recording Date: Sep 16, 2010
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1208240
  • Previous Sale Recording Date: Jul 07, 1995
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: 43
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:

$2,195,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4133 ft²

Average Home Age

49.5 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 years ago
Data Source: MLS PIN, MLS# 30347145

Frequently Asked Questions

When was property at 31 Arnold Road built and last sold?
The property at 31 Arnold Road was built in 1934 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 31 Arnold Road is $0.
What are some comparable homes to 31 Arnold Road?
There are currently no comparable homes to 31 Arnold Road.
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