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Wellesley 02482
36 Russell Road
Photo of 36 Russell Road
Sold on Jul 31, 2009

1

Map

$780,000
● House - Off Market

36 Russell Road

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,479 Ft²
$1,539,570
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Delightful & meticulously maintained multilevel home located in the popular Hardy School neighborhood.  Features include 10 rooms, 5 bedrooms, 3 baths, an updated kitchen & FR addition with skylight & cathedral ceiling & slider to deck with a view of lush & level grounds.  Separate suite with sitting room, bedroom and full bath suitable for in-law, au pair or guests. Roof 2008, trim painted 2008,water tank 2008. Close to the Morses Pond Trail,elementary school & major routes. Mint!
Unit Size
2,479 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$303
Property Type
House
Property Taxes
$550
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: 5 months ago (MLSPIN #70920484)

Price History

Date / Event Date Event Price
Jul 31, 2009 Sold
Premium
Sold
May 18, 2009 Listed $749,900
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1995
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 180
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,964
  • Total Building Area: 2,458
  • Building Area: 2,458
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,458
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000412
  • 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:069 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3026
  • Longitude: -71.314

    Address

  • Full Address: 36 Russell Rd
  • Address - House Number: 36
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4316
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,261,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,533,801
  • High Value: 1,771,355
  • Low Value: 1,296,248

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,102,000
  • Assessed Land Value: $946,000
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Recording Date: Jul 31, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 87668
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70920484

Frequently Asked Questions

When was property at 36 Russell Road built and last sold?
The property at 36 Russell Road was built in 1961 and last sold on Jan 1, 1970 for $780,000.
How much is this home worth?
The estimated value of the home located at 36 Russell Road is $760,147.
What are some comparable homes to 36 Russell Road?
There are currently no comparable homes to 36 Russell Road.
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