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Wellesley 02482
31 Crown Ridge Road
$1,000,000
● House - Off Market

31 Crown Ridge Road

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,905 Ft²
$1,654,448
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Beautiful 4 Bedroom, 3 1/2 Bath Colonial in the College Heights area of Wellesley. This house is just blocks from Wellesley Center and the train station.The finished lower level basement, with full bath, is not included in the square footage. Many updates, a real treasure.
Unit Size
1,905 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$519
Property Type
House
Property Taxes
$839
HOA Dues
-
Year Built
1947

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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 months ago (MLSPIN #71990845)

Price History

Date / Event Date Event Price
Jun 10, 2016 Sold
Premium
Sold
Apr 19, 2016 Listed by www.EntryOnly.com $989,000
Listed by www.EntryOnly.com
Feb 28, 2003 Sold
Premium
Sold
Nov 11, 2002 Listed by www.EntryOnly.com $759,900
Listed by www.EntryOnly.com
Jan 3, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 10,269
  • Total Building Area: 1,905
  • Building Area: 1,905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,905
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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:135 R:012 S:
  • Municipality: WELLESLEY
  • Latitude: 42.302
  • Longitude: -71.2995

    Address

  • Full Address: 31 Crown Ridge Rd
  • Address - House Number: 31
  • Address - Street Name: Crown Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C050
  • 4-Digit Zip Code: 4602
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,423,200

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,642,529
  • High Value: 1,895,666
  • Low Value: 1,389,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,243,000
  • Assessed Land Value: $801,000
  • Assessed Improvements Value: $442,000

    Sales

  • Current Sale Recording Date: Jun 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1354867
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Amount: $752,000
  • Previous Sale Document Type: 48
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: 5 months ago
Data Source: MLS PIN, MLS# 71990845

Frequently Asked Questions

When was property at 31 Crown Ridge Road built and last sold?
The property at 31 Crown Ridge Road was built in 1947 and last sold on Jan 1, 1970 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 31 Crown Ridge Road is $1,003,639.
What are some comparable homes to 31 Crown Ridge Road?
There are currently no comparable homes to 31 Crown Ridge Road.
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