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Winchester 01890 Wedgemere
38 Hollywood Road
$710,000
● House - Off Market

38 Hollywood Road

Winchester, MA 01890
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,512 Ft²
$1,556,841
RealtyHop Estimate
107.61%
Since Jul 1, 2003
MA-Boston
Primary Model

About This Property

CUSTOM BUILT 3BR, 3 FULL BATH HOME ON EAST HILL CUL-DE-SAC W/ OVER 3000 SQ FT OF LIVING SPACE. DRAMATIC MAHOGANY BEAM LR CEILING. EXPANSIVE LL HAS FIREPLACED FAM RM, OFFICE, 3RD BR & SUNRROM. PVT 19,200 SQ FT YARD. MOTIVATED SELLER.
Unit Size
2,512 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$299
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1963

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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: 6 months ago (MLSPIN #30683384)

Price History

Date / Event Date Event Price
Apr 20, 2022 Sold
Premium
Sold
Jun 3, 2003 Sold
Premium
Sold
Jan 24, 2003 Listed by Carlson GMAC Real Estate $749,900
Listed by Carlson GMAC Real Estate

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,816
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,201
  • Total Building Area: 3,003
  • Gross Building Area: 4,068
  • Building Area: 3,003
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,003
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000441
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Winchester School District
  • School Tax School District: WINCHESTER SD
  • Census Tract: 338500

Zoning

  • Zoning: RDC

Geography

  • Parcel: WINC M:006 B:0416 L:0
  • Block: 416
  • Municipality: WINCHESTER
  • Latitude: 42.4399
  • Longitude: -71.1232

    Address

  • Full Address: 38 Hollywood Rd
  • Address - House Number: 38
  • Address - Street Name: Hollywood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Winchester
  • Carrier Code: C021
  • 4-Digit Zip Code: 3164
  • Zip Code: 01890

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,808,800

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,719,132
  • High Value: 2,023,292
  • Low Value: 1,414,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,596,500
  • Assessed Land Value: $1,025,400
  • Assessed Improvements Value: $571,100

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58655
  • Previous Sale Recording Date: Jun 03, 2003
  • Previous Sale Amount: $710,000
  • 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 Wedgemere

Stats & Trends

Median Asking:

$2,074,000

Sale Price/ft²

$556

Below Asking

0.02%

Average Days on Market

60

Average Home Size

3596 ft²

Average Home Age

63.3 years

Currently For Sale

6 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: 6 months ago
Data Source: MLS PIN, MLS# 30683384

Frequently Asked Questions

When was property at 38 Hollywood Road built and last sold?
The property at 38 Hollywood Road was built in 1963 and last sold on Apr 19, 2022 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 38 Hollywood Road is $789,946.
What are some comparable homes to 38 Hollywood Road?
There are currently no comparable homes to 38 Hollywood Road.
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