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Wellesley 02482
400 School St
Photo of 400 School St
Sold on Dec 18, 2008

1

Map

$738,000
● House - Off Market

400 School St

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,037 Ft²
$1,582,377
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Renovated 8 rm, 3-4 bedroom storybook Cape on 1/3 acre w/ fabulous yard in College Heights. All the key updates - beautiful granite kitchen/family room, two new baths, central A/C and a finished walk-out LL. Great location - walk to Linden Square, Town Center, train, Sprague, Middle School.
Unit Size
2,037 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$366
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1940

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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 #70814316)

Price History

Date / Event Date Event Price
Dec 18, 2008 Sold
Premium
Sold
Sep 2, 2008 Listed $745,000
Listed
May 5, 2003 Sold
Premium
Sold
Feb 5, 2003 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $539,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
WARM AND WELCOMING CLASSIC NEW ENGLAND CAPE ON 14,976 SQUARE FEET OF LAND. FOUR BEDROOMS, 3 FULL BATHS AND A FAMILY ROOM OFF THE KITCHEN. ABUTS CONSERVATION LAND. WALK TO TOWN AND TRAIN. SPRAGUE SCHOOL.
Apr 26, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 14,976
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000344
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:135 R:070 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3051
  • Longitude: -71.2988

    Address

  • Full Address: 400 School St
  • Address - House Number: 400
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4715
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,175,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,351,629
  • High Value: 1,560,969
  • Low Value: 1,142,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,027,000
  • Assessed Land Value: $820,000
  • Assessed Improvements Value: $207,000

    Sales

  • Current Sale Recording Date: Dec 18, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 113406
  • Previous Sale Recording Date: Dec 18, 2008
  • Previous Sale Amount: $738,000
  • 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

$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# 70814316

Frequently Asked Questions

When was property at 400 School Street built and last sold?
The property at 400 School Street was built in 1940 and last sold on Jan 1, 1970 for $738,000.
How much is this home worth?
The estimated value of the home located at 400 School Street is $785,868.
What are some comparable homes to 400 School Street?
There are currently no comparable homes to 400 School Street.
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