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Wellesley 02481
395 Weston
$1,290,000
● House - Off Market

395 Weston

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,125 Ft²
$1,223,988
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Beautiful 3 bedroom colonial close to Perrin Park,  Kelly memorial park, Wellesley Square, primary school and Wellesley College.  On the first floor, there is updated Kitchen with stainless steel appliances, gas cooktop, double oven, wine cooler connecting with a cozy dining area, spacious living rm with fireplace to sunny family room .The three nice size bedrooms with one full bath  w/double and a den make up the second level. Finished lower level with recess light  has family space for play and exercise. Nice level backyard  give an idyllic feeling, plus there is a detached garage with new garage door installed in 2022.
Unit Size
2,125 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$560
Property Type
House
Property Taxes
$949
HOA Dues
-
Year Built
1924

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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 #72984426)

Price History

Date / Event Date Event Price
Jul 15, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Advisors Living - Boston $1,190,000
Listed by Advisors Living - Boston
Aug 31, 2017 Sold
Premium
Sold
Apr 20, 2017 Listed by Advisors Living - Boston $899,900
Listed by Advisors Living - Boston
Jun 9, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 9,750
  • Total Building Area: 1,761
  • Building Area: 1,761
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,761
  • 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:180 R:038 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3101
  • Longitude: -71.3155

    Address

  • Full Address: 395 Weston Rd
  • Address - House Number: 395
  • 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: $1,237,700

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,433,996
  • High Value: 1,679,654
  • Low Value: 1,188,338

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,081,000
  • Assessed Land Value: $721,000
  • Assessed Improvements Value: $360,000

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 63175
  • Previous Sale Recording Date: Aug 31, 2017
  • Previous Sale Amount: $910,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4280 ft²

Average Home Age

52.9 years

Currently For Sale

56 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# 72984426

Frequently Asked Questions

When was property at 395 Weston Road built and last sold?
The property at 395 Weston Road was built in 1924 and last sold on Jul 15, 2022 for $1,290,000.
How much is this home worth?
The estimated value of the home located at 395 Weston Road is $1,204,512.
What are some comparable homes to 395 Weston Road?
There are currently no comparable homes to 395 Weston Road.
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