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Wellesley 02482
344 Weston Rd
$1,050,000
● House - Off Market

344 Weston Rd

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,878 Ft²
$1,909,304
RealtyHop Estimate
75.17%
Since Dec 1, 2015
MA-Boston
Primary Model

About This Property

Wonderful opportunity to be a part of the Bates School district in a 5 bedroom home with over 3800 square feet of fabulous living space! Extensive upgrades have been recently done to make this home 2015 ready!!! Please see update list. Open kitchen floor plan with new granite and subway tile backsplash as well as new gas range and sink. Family room with fireplace opens to a deck leading to yard. First floor includes laundry and a private study. Second floor with large master suite with walk-in closet and 3 generously sized bedrooms. Newly finished 3rd floor with full bath. Newly painted inside and out over the past 2 years. AC. Two car garage. Additional 1600 ft of unfinished space in lower level.  Very close to Fells Market. Easy to show! Please park on Pilgrim or Shirley Road.
Unit Size
3,878 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$281
Property Type
House
Property Taxes
$1,080
HOA Dues
-
Year Built
1997

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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 #71806263)

Price History

Date / Event Date Event Price
Nov 3, 2015 Sold
Premium
Sold
Mar 25, 2015 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,090,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
May 28, 1999 Sold
Premium
Sold
Feb 22, 1999 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $589,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 300
  • 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: 12,717
  • Total Building Area: 3,662
  • Building Area: 3,662
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,662
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000292
  • 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: 404301

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:181 R:104 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3067
  • Longitude: -71.3146

    Address

  • Full Address: 344 Weston Rd
  • Address - House Number: 344
  • Address - Street Name: Weston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 2310
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,427,800

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,745,635
  • High Value: 2,014,662
  • Low Value: 1,476,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,247,000
  • Assessed Land Value: $761,000
  • Assessed Improvements Value: $486,000

    Sales

  • Current Sale Recording Date: Nov 03, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 108912
  • Previous Sale Recording Date: May 28, 1999
  • Previous Sale Amount: $563,000
  • 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

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4218 ft²

Average Home Age

51.3 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 months ago
Data Source: MLS PIN, MLS# 71806263

Frequently Asked Questions

When was property at 344 Weston Road built and last sold?
The property at 344 Weston Road was built in 1997 and last sold on Jan 1, 1970 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 344 Weston Road is $1,093,553.
What are some comparable homes to 344 Weston Road?
There are currently no comparable homes to 344 Weston Road.
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