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Wellesley 02481
4 Mclean St
$860,000
● House - Off Market

4 Mclean St

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,668 Ft²
$1,715,021
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Sat ...11/9...12-1:30pm   AND  Sun...11/10...1-2:30pm...Wonderful colonial home has great floor plan! Features include: well proportioned LR and DR, wood floors throughout, large 1st floor family room with fireplace, huge master w/it's own dressing room/bath plus three large family bedrooms. Updated kitchen has large breakfast area, lots of cabinets, and adjacent laundry/mudroom. Great deck off kitchen.  Lower level is open and waiting to be finished with potential for large rec room and second mudroom off over-sized, 2 car garage. Minutes to elementary school, highways and train.  Fenced yard.
Unit Size
2,668 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$337
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
1977

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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 #71566589)

Price History

Date / Event Date Event Price
Dec 31, 2013 Sold
Premium
Sold
Aug 7, 2013 Listed by Centre Realty Group $899,000
Listed by Centre Realty Group

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,318
  • Total Building Area: 2,668
  • Building Area: 2,668
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,668
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000352
  • 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: 404100

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:016 R:067 S:A
  • Municipality: WELLESLEY
  • Latitude: 42.3126
  • Longitude: -71.2448

    Address

  • Full Address: 4 Mclean St
  • Address - House Number: 4
  • Address - Street Name: Mclean
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C013
  • 4-Digit Zip Code: 5428
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,308,700

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,498,722
  • High Value: 1,754,626
  • Low Value: 1,242,819

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,143,000
  • Assessed Land Value: $764,000
  • Assessed Improvements Value: $379,000

    Sales

  • Current Sale Recording Date: Dec 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 147471
  • Previous Sale Recording Date: Dec 31, 2013
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: O
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

4181 ft²

Average Home Age

47.6 years

Currently For Sale

50 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: 6 months ago
Data Source: MLS PIN, MLS# 71566589

Frequently Asked Questions

When was property at 4 McLean Street built and last sold?
The property at 4 McLean Street was built in 1977 and last sold on Jan 1, 1970 for $860,000.
How much is this home worth?
The estimated value of the home located at 4 McLean Street is $949,537.
What are some comparable homes to 4 McLean Street?
There are currently no comparable homes to 4 McLean Street.
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