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Wellesley 02482
36 S River
$1,675,000
● House - Off Market

36 S River

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,868 Ft²
$9,796
Est. Monthly

About This Property

Paradise in Wellesley! Unique and rarely available home that has breath-taking water views from all rooms. The property is graced with mature trees, is nestled in a tranquil, historic neighborhood and yet only a short distance to both Wellesley and Natick Center. Completely rebuilt in 2000, this beautiful house offers an open floor plan, large windows and wrap-around deck to optimize the scenic views year-round. Launch your canoe/kayak right into the Charles River from your own yard, share nature with the local swans and geese. Elm Bank Park is right across the river; 3 Bedrooms and 2.5 bathrooms. The Main Bedroom has a full Bath, Walk-in Closet and Balcony overlooking the river. All hardwoods through-out, detached 2 car garage and bonus tool shed providing additional storage space. Seller finance option available.
Unit Size
2,868 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$607
Property Type
House
Property Taxes
$1,252
HOA Dues
-
Year Built
1864

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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 #73142991)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold
Premium
Sold
Oct 29, 2023 In contract -
In contract
Oct 11, 2023 Price Decreased $1,739,900
↓ $10K (0.6%)
Price Decreased
Sep 4, 2023 Price Increased $1,750,000
↑ $10K (0.6%)
Price Increased
Aug 1, 2023 Listed by eXp Realty $1,739,900
Listed by eXp Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1864
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 2,868
  • Building Area: 2,868
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,868
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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: 404400

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:178 R:005 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2731
  • Longitude: -71.3093

    Address

  • Full Address: 36 S River St
  • Address - House Number: 36
  • Street Direction: S
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C031
  • 4-Digit Zip Code: 7336
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,502,200

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 1,727,712
  • High Value: 1,849,712
  • Low Value: 1,605,712

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,312,000
  • Assessed Land Value: $839,000
  • Assessed Improvements Value: $473,000

    Sales

  • Current Sale Contract Date: Dec 06, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80487
  • Previous Sale Recording Date: Aug 04, 1999
  • Previous Sale Amount: $410,000
  • 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:

$2,195,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4194 ft²

Average Home Age

48 years

Currently For Sale

51 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# 73142991

Frequently Asked Questions

When was property at 36 South River Street built and last sold?
The property at 36 South River Street was built in 1864 and last sold on Dec 6, 2023 for $1,675,000.
How much is this home worth?
The estimated value of the home located at 36 South River Street is $1,746,600.
What are some comparable homes to 36 South River Street?
There are currently no comparable homes to 36 South River Street.
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