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Wellesley 02482
35 Fells Road
$765,000
● House - Off Market

35 Fells Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,465 Ft²
$1,313,038
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Pride of ownership shows in this lovely Raised Ranch in fabulous Fells neighborhood! First floor features include large fireplaced Living Room with gleaming hardwood floors; fully applianced Kitchen with granite countertops; Dining Room with hardwood floors; 3 season Sun Room; 3 Bedrooms, including master with master bath. Finished Family Room in lower level with fireplace. 2 car garage; central air; lots of storage.  All of this situated on a 10,000+/- sq. ft. corner lot!
Unit Size
1,465 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$566
Property Type
House
Property Taxes
$718
HOA Dues
-
Year Built
1961

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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 #72111748)

Price History

Date / Event Date Event Price
Feb 19, 2021 Sold
Premium
Sold
Jan 6, 2021 Listed by RE/MAX Partners $899,000
Listed by RE/MAX Partners
May 5, 2017 Sold
Premium
Sold
Jan 24, 2017 Listed by RE/MAX Partners $829,000
Listed by RE/MAX Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 420
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,301
  • Building Area: 1,301
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,301
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:182 R:051 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3038
  • Longitude: -71.3145

    Address

  • Full Address: 35 Fells Rd
  • Address - House Number: 35
  • Address - Street Name: Fells
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4414
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,052,300

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,212,013
  • High Value: 1,398,801
  • Low Value: 1,025,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $919,000
  • Assessed Land Value: $797,000
  • Assessed Improvements Value: $122,000

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21790
  • Previous Sale Recording Date: May 05, 2017
  • Previous Sale Amount: $765,000
  • Previous Sale Document Type: O
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

4244 ft²

Average Home Age

53.4 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# 72111748

Frequently Asked Questions

When was property at 35 Fells Road built and last sold?
The property at 35 Fells Road was built in 1961 and last sold on Feb 1, 2021 for $960,000.
How much is this home worth?
The estimated value of the home located at 35 Fells Road is $926,114.
What are some comparable homes to 35 Fells Road?
There are currently no comparable homes to 35 Fells Road.
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