For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Wellesley 02481
41 River Rdg
$615,000
● House - Off Market

41 River Rdg

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,390 Ft²
$1,226,297
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Tranquil road set well above the hustle and bustle. Yet, walk to school, park and Lower Falls. Easy access to Rt 9, Rt 128, and Mass Pike. Affordable for first-time buyers who desire all that Wellesley offers. Builder opportunity possible (buyer to conduct due diligence). Hardwood floors, updated kitchen and slider off kitchen to deck and spacious yard. Many possibilities for customization!
Unit Size
1,390 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$464
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1986

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (MLSPIN #71518203)

Price History

Date / Event Date Event Price
Jul 3, 2013 Sold
Premium
Sold
May 1, 2013 Listed by Wellesley Real Estate, LLC $644,500
Listed by Wellesley Real Estate, LLC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Total Rooms: 5
  • 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: 11,280
  • Total Building Area: 1,390
  • Building Area: 1,390
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,390
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000259
  • 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: SR10

Geography

  • Parcel: WELL M:021 R:044 S:A
  • Municipality: WELLESLEY
  • Latitude: 42.3225
  • Longitude: -71.251

    Address

  • Full Address: 41 River Rdg
  • Address - House Number: 41
  • Address - Street Name: River
  • Address - Suffix Type: Rdg
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 3513
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,028,200

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,063,190
  • High Value: 1,244,727
  • Low Value: 881,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $898,000
  • Assessed Land Value: $816,000
  • Assessed Improvements Value: $82,000

    Sales

  • Current Sale Recording Date: Jul 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80748
  • Previous Sale Recording Date: Jul 03, 2013
  • Previous Sale Amount: $625,000
  • 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:

$2,150,000

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71518203

Frequently Asked Questions

When was property at 41 River Ridge built and last sold?
The property at 41 River Ridge was built in 1986 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 41 River Ridge is $665,238.
What are some comparable homes to 41 River Ridge?
There are currently no comparable homes to 41 River Ridge.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Wellesley Homes for Sale
Wellesley Houses for Sale
Wellesley Condos for Sale
Wellesley Multifamily for Sale
Wellesley Land for Sale
Wellesley Homes with Basements
Wellesley Homes with Pools
Wellesley Homes with Parking
Nearby Cities
Newton Homes for Sale
Framingham Homes for Sale
Brookline Homes for Sale
Waltham Homes for Sale
Needham Homes for Sale
Watertown Town Homes for Sale
Dedham Homes for Sale
Cochituate Homes for Sale
Nearby Property Records
Middlesex County, MA Property Records
Norfolk County, MA Property Records
Suffolk County, MA Property Records
Worcester County, MA Property Records
Providence County, RI Property Records
Essex County, MA Property Records
Bristol County, MA Property Records
Plymouth County, MA Property Records
Neighborhoods
Watertown West End Real Estate
Commonwealth Real Estate
Brook Farm Real Estate
Metropolitan Hill - Beach Street Real Estate
Washington Square Real Estate
Upper Washington - Spring Street Real Estate
West Newton Real Estate
Oak Square Real Estate
Nearby Counties
Newton Homes for Sale
Framingham Homes for Sale
Brookline Homes for Sale
Waltham Homes for Sale
Natick Homes for Sale
Needham Homes for Sale
Watertown Town Homes for Sale
Dedham Homes for Sale
Top Real Estate Agents
Top Agents in Wellesley
Top Agents in Newton
Top Agents in Newton
Top Agents in Framingham
Top Agents in Framingham
Top Agents in Brookline
Top Agents in Brookline
Top Agents in Waltham