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Wellesley 02482
4 Skyline Dr
$1,052,700
● House - Off Market

4 Skyline Dr

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,890 Ft²
$1,317,522
RealtyHop Estimate
13.68%
Since Sep 1, 2021
MA-Boston
Primary Model

About This Property

Set back from the street and nestled among large mature trees, this sun-filled Cape-style residence offers a floor plan incorporating 2,890 square feet of living space including the lower level. There are four-to-five bedrooms and two and one-half bathrooms. The main level features a living room with a large picture window and a fireplace, a separate dining room, a kitchen with a lovely eating area with a window, a convenient primary bedroom with a bedroom and a bathroom, and an office/bedroom. The second level has three bedrooms. Other highlights include a finished lower level with a fireplace and a bar, many replaced windows, and an oversized direct-entry two-car attached garage. This property is near Fuller Brook Land, schools, and sport club.
Unit Size
2,890 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$401
Property Type
House
Property Taxes
$1,025
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: 5 years ago (MLSPIN #72835674)

Price History

Date / Event Date Event Price
Aug 4, 2021 Sold
Premium
Sold
May 20, 2021 Listed by Hammond Residential Real Estate $1,159,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 20,058
  • Total Building Area: 1,930
  • Building Area: 1,930
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,930
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000460
  • 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: 404202

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:068 R:017 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2937
  • Longitude: -71.2727

    Address

  • Full Address: 4 Skyline Dr
  • Address - House Number: 4
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 7214
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,338,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,475,066
  • High Value: 1,703,523
  • Low Value: 1,246,609

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,169,000
  • Assessed Land Value: $1,029,000
  • Assessed Improvements Value: $140,000

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 101934
  • Previous Sale Recording Date: Jun 08, 2016
  • 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 Wellesley

Stats & Trends

Median Asking:

$2,150,000

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4244 ft²

Average Home Age

53.4 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72835674

Frequently Asked Questions

When was property at 4 Skyline Drive built and last sold?
The property at 4 Skyline Drive was built in 1963 and last sold on Aug 4, 2021 for $1,052,700.
How much is this home worth?
The estimated value of the home located at 4 Skyline Drive is $1,162,214.
What are some comparable homes to 4 Skyline Drive?
There are currently no comparable homes to 4 Skyline Drive.
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