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Wellesley 02482
32 Hodges Avenue
$535,000
● House - Off Market

32 Hodges Avenue

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,767 Ft²
$1,283,893
RealtyHop Estimate
119.51%
Since Sep 1, 2002
MA-Boston
Primary Model

About This Property

IMMACULATE CAPE/RANCH IN THE WOODLANDS. RECENTLY REFURBISHED AND UPDATED, NEW ROOF, HARDWOOD FLOORS, NEW CARPET IN FINISHED BASEMENT AND PAINTED THROUGHOUT!  FLEXIBLE FLOOR PLAN AND TONS OF CHARM!
Unit Size
1,767 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$331
Property Type
House
Property Taxes
$293
HOA Dues
-
Year Built
2003

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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 #30595358)

Price History

Date / Event Date Event Price
Aug 25, 2003 Sold
Premium
Sold
Jan 15, 2003 Listed by Prudential Town and Country $1,099,000
Listed by Prudential Town and Country
Aug 2, 2002 Sold
Premium
Sold
Apr 8, 2002 Listed by Prudential Town and Country $584,900
Listed by Prudential Town and Country

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,973
  • Total Building Area: 2,744
  • Building Area: 2,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY WOODLANDS
  • Land Acres: 0000000252
  • 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:172 R:019 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3004
  • Longitude: -71.3109

    Address

  • Full Address: 32 Hodges Ave
  • Address - House Number: 32
  • Address - Street Name: Hodges
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C049
  • 4-Digit Zip Code: 4434
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,625,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,865,703
  • High Value: 2,154,661
  • Low Value: 1,576,745

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,420,000
  • Assessed Land Value: $812,000
  • Assessed Improvements Value: $608,000

    Sales

  • Current Sale Recording Date: Aug 25, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 02, 2002
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: 27
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

4280 ft²

Average Home Age

52.9 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30595358

Frequently Asked Questions

When was property at 32 Hodges Avenue built and last sold?
The property at 32 Hodges Avenue was built in 2003 and last sold on Jan 1, 1970 for $1,030,000.
How much is this home worth?
The estimated value of the home located at 32 Hodges Avenue is $1,129,079.
What are some comparable homes to 32 Hodges Avenue?
There are currently no comparable homes to 32 Hodges Avenue.
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