$2,299,000
●
House -
In Contract
31 College Road
Wellesley, MA 02482
5 Beds
3 Baths,
1
Half Bath
3,398 Ft²
$12,686
Est. Monthly
About This Property
5 bedroom home on Morses Pond with the most incredible water views.
Swim, paddle board, kayak or fish from your own backyard. Large
open kitchen family room with full picture windows offering
stunning views of the pond. Kitchen with stainless appliances and
large island. Dining room/sunroom with access to deck with more
water views. Living room with fireplace and built-ins. First floor
den. Main suite also focuses on water views with new bathroom as
well as walk-in closet. 2 additional bedrooms on 2nd floor with
another updated bath. Large office on the 2nd floor. 3rd floor with
2 additional bedrooms- one with Juliet balcony and 3rd full
bathroom. Lower level perfect for storage plus playroom/ exercise
area. NEW: boiler, wet bar, flooring, master bath, 2nd floor bath
and powder room. Recent updates make this home ready to move right
in. Enjoy peaceful living and enjoy this view all 4 seasons of the
year.
Unit Size
3,398 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$677
Property Type
House
Property Taxes
$1,397
HOA Dues
-
Year Built
1945
Listed By
Melissa Dailey
Coldwell Banker Realty - Wellesley
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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: 20 days ago (MLSPIN #73473045)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Price Decreased |
$2,299,000
↓ $96K
(4%) | |
| Price Decreased | |||
| Feb 14, 2026 | Price Decreased |
$2,395,000
↓ $100K
(4%) | |
| Price Decreased | |||
| Jan 30, 2026 | Listed by Coldwell Banker Realty - Wellesley | $2,495,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
| Jul 17, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Paved, Off Street, Under
Garage Spaces: 1
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Closet, Bonus Room, Play Room, Den
Appliances: Water Heater, Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator
Flooring Type: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
Laundry Features: Sink, In Basement
Rooms: 11
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full
Exterior Details
Square Footage: 3398
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1944
Waterfront Features: Waterfront, Pond, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Area Total: 3398
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Acres: 0.35
Lot Size Square Feet: 15400
Water Source: Public
Financial Details
Tax Assessed Value: $1,631,000
Tax Annual Amount: $16,767
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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