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Wellesley 02482
412 Weston Road
Photo of 412 Weston Road
Sold on Sep 14, 2009

1

Map

$470,000
● House - Off Market

412 Weston Road

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,782 Ft²
$1,032,608
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model

About This Property

Short sale approval at $499,000 with a 9/30 close. This house must be sold! Charming side entrance Dutch Colonial is a diamond in the rough!  Easy living floorplan with bonus den or office on the first floor. 4th bedroom on 3rd floor.  Finished lower level playroom.  Lovely level fenced back yard.  2-Car garage.  Bates school.  Convenient to Perrin Park and Boulder Brook Reservation trails.  Great opportunity for the buyer with vision!
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$280
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1925

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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 months ago (MLSPIN #70884408)

Price History

Date / Event Date Event Price
Sep 14, 2009 Sold
Premium
Sold
Mar 6, 2009 Listed $499,000
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 8,090
  • Total Building Area: 1,834
  • Building Area: 1,834
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,834
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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:057 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3111
  • Longitude: -71.3163

    Address

  • Full Address: 412 Weston Rd
  • Address - House Number: 412
  • Address - Street Name: Weston
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C019
  • 4-Digit Zip Code: 2331
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $959,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,239,726
  • High Value: 1,431,734
  • Low Value: 1,047,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $838,000
  • Assessed Land Value: $695,000
  • Assessed Improvements Value: $143,000

    Sales

  • Current Sale Recording Date: Sep 14, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 103524
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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4171 ft²

Average Home Age

51.8 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70884408

Frequently Asked Questions

When was property at 412 Weston Road built and last sold?
The property at 412 Weston Road was built in 1925 and last sold on Jan 1, 1970 for $470,000.
How much is this home worth?
The estimated value of the home located at 412 Weston Road is $535,132.
What are some comparable homes to 412 Weston Road?
There are currently no comparable homes to 412 Weston Road.
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