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Wellesley 02481
407 Weston Rd
$720,000
● House - Off Market

407 Weston Rd

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,881 Ft²
$1,418,722
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

Beautiful Three bedroom plus Colonial in the popular Bates School District. This pristine property offers a generous eat-in granite kitchen and spacious living room opens to sun-filled sitting room.  Large playroom in the basement with additional bonus room completes this great family home. Sited on a gorgeous level lot landscaped with lovely brick patio. Move-in ready.
Unit Size
1,881 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$398
Property Type
House
Property Taxes
$550
HOA Dues
-
Year Built
1925

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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 #71537073)

Price History

Date / Event Date Event Price
Aug 19, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Benoit Mizner Simon & Co. - Wellesley - Central St $749,000
Listed by Benoit Mizner Simon & Co. - Wellesley - Central St
Feb 25, 2005 Sold
Premium
Sold
Oct 25, 2004 Listed by Benoit Mizner Simon & Co. - Wellesley - Central St $649,000
Listed by Benoit Mizner Simon & Co. - Wellesley - Central St

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 8,892
  • Total Building Area: 1,881
  • Building Area: 1,881
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,881
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND LEO F BILODEAU
  • Land Acres: 0000000204
  • 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:034 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3108
  • Longitude: -71.3157

    Address

  • Full Address: 407 Weston Rd
  • Address - House Number: 407
  • Address - Street Name: Weston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C019
  • 4-Digit Zip Code: 2314
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $982,400

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,293,883
  • High Value: 1,515,539
  • Low Value: 1,072,228

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,000
  • Assessed Land Value: $708,000
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Recording Date: Aug 19, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Feb 25, 2005
  • Previous Sale Amount: $637,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71537073

Frequently Asked Questions

When was property at 407 Weston Road built and last sold?
The property at 407 Weston Road was built in 1925 and last sold on Jan 1, 1970 for $720,000.
How much is this home worth?
The estimated value of the home located at 407 Weston Road is $780,224.
What are some comparable homes to 407 Weston Road?
There are currently no comparable homes to 407 Weston Road.
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