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Wellesley 02482
37 Edgemoor Avenue
$1,229,000
● House - Off Market

37 Edgemoor Avenue

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,006 Ft²
$1,813,399
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Just like new! This charming 3000+ square foot home has everything one could want. Clean open spaces. Large rooms. Nice details. Beautiful throughout! All the pieces, in the right places.  Eat in kitchen, living room, dining room, large fireplaced family room, study and laundry on the first floor. Master suite plus three additional 2nd floor bedrooms. An extra bonus of a beautifully finished lower level with full bath and storage. Entertainment sized deck.  2 car garage. Convenient location.
Unit Size
3,006 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$408
Property Type
House
Property Taxes
$1,038
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 #72318976)

Price History

Date / Event Date Event Price
Aug 6, 2018 Sold
Premium
Sold
May 2, 2018 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,225,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Aug 26, 2004 Sold
Premium
Sold
May 19, 2004 Sold
Premium
Sold
Feb 19, 2004 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $939,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 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: 9,600
  • Total Building Area: 3,006
  • Building Area: 3,006
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,006
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • 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:204 R:048 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3085
  • Longitude: -71.3275

    Address

  • Full Address: 37 Edgemoor Ave
  • Address - House Number: 37
  • Address - Street Name: Edgemoor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 2210
  • Zip Code: 02482

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,873,795
  • High Value: 2,194,795
  • Low Value: 1,552,795

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,312,000
  • Assessed Land Value: $757,000
  • Assessed Improvements Value: $555,000

    Sales

  • Current Sale Recording Date: Aug 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1405849
  • Previous Sale Recording Date: Aug 26, 2004
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: 48
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

4348 ft²

Average Home Age

50.1 years

Currently For Sale

59 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# 72318976

Frequently Asked Questions

When was property at 37 Edgemoor Avenue built and last sold?
The property at 37 Edgemoor Avenue was built in 2003 and last sold on Jan 1, 1970 for $1,229,000.
How much is this home worth?
The estimated value of the home located at 37 Edgemoor Avenue is $1,264,902.
What are some comparable homes to 37 Edgemoor Avenue?
There are currently no comparable homes to 37 Edgemoor Avenue.
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