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Wellesley 02482
40 Cottage Street
Photo of 40 Cottage Street
Sold on Oct 2, 2007

1

Map

$725,000
● House - Off Market

40 Cottage Street

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,400 Ft²
$1,474,614
RealtyHop Estimate
91.26%
Since Nov 1, 2007
MA-Boston
Primary Model

About This Property

Voted Boston Magazine 2007 "2nd Best Street in Western Suburbia"-this COTTAGE STREET Antique is an absolute gem! Renov top to bottom w/ historical architectural accuracy w/ all the modern appoints to make this a comfortable & charming home. 1st fl cherry HW floors throughout.  Kit archetect featured on Architectural Digest cover. Kit. boosting granite counters, eat-on pen, wht cabs w/ matching appl fronts & glass. Gas range, Miele dw, deck off dining. Short walk to town ctr, train, Well. Colleg
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$551
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1871

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70630960)

Price History

Date / Event Date Event Price
Oct 1, 2007 Sold
Premium
Sold
Aug 14, 2007 Listed $771,000
Listed
Jul 1, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1871
  • Effective Year Built: 1871
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,812
  • Total Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000225
  • 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: 404400

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:125 R:066 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2904
  • Longitude: -71.2923

    Address

  • Full Address: 40 Cottage St
  • Address - House Number: 40
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C054
  • 4-Digit Zip Code: 6902
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,188,500

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,081,636
  • High Value: 1,320,161
  • Low Value: 843,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,038,000
  • Assessed Land Value: $959,000
  • Assessed Improvements Value: $79,000

    Sales

  • Current Sale Recording Date: Oct 01, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 106748
  • Previous Sale Recording Date: Jul 01, 1994
  • Previous Sale Amount: $272,400
  • 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

4196 ft²

Average Home Age

52 years

Currently For Sale

60 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# 70630960

Frequently Asked Questions

When was property at 40 Cottage Street built and last sold?
The property at 40 Cottage Street was built in 1871 and last sold on Jan 1, 1970 for $725,000.
How much is this home worth?
The estimated value of the home located at 40 Cottage Street is $783,556.
What are some comparable homes to 40 Cottage Street?
There are currently no comparable homes to 40 Cottage Street.
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