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Wellesley 02482
393 Weston Road
$610,000
● House - Off Market

393 Weston Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,660 Ft²
$1,142,734
RealtyHop Estimate
84.61%
Since Dec 1, 2004
MA-Boston
Primary Model

About This Property

This often noticed house is surprisingly spacious. Living room has a cathedral ceiling w/ fireplace and bay window, large Din Rm overlooking liv.rm., large eat-in country kitchen.  Three good sized bedrooms and two full baths.  Family room with fireplace and direct access to backyard & patio.  Great laundry room.
Unit Size
1,660 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$373
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1957

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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 #70058292)

Price History

Date / Event Date Event Price
Nov 8, 2004 Sold
Premium
Sold
Jul 2, 2004 Listed by Prudential Town and Country $619,000
Listed by Prudential Town and Country

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 374
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,750
  • Total Building Area: 1,218
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000224
  • 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:181 R:057 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3099
  • Longitude: -71.3155

    Address

  • Full Address: 393 Weston Rd
  • Address - House Number: 393
  • Address - Street Name: Weston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 2346
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $906,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,036,417
  • High Value: 1,196,936
  • Low Value: 875,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $792,000
  • Assessed Land Value: $721,000
  • Assessed Improvements Value: $71,000

    Sales

  • Current Sale Recording Date: Nov 08, 2004
  • Current Sale Price:
    Premium
  • Current 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:

$2,172,500

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4218 ft²

Average Home Age

51.3 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

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70058292

Frequently Asked Questions

When was property at 393 Weston Road built and last sold?
The property at 393 Weston Road was built in 1957 and last sold on Jan 1, 1970 for $610,000.
How much is this home worth?
The estimated value of the home located at 393 Weston Road is $651,342.
What are some comparable homes to 393 Weston Road?
There are currently no comparable homes to 393 Weston Road.
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