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Wellesley 02482
42 Amherst Rd
$1,590,000
● House - Off Market

42 Amherst Rd

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,655 Ft²
$2,680,840
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

Move right into this beautiful, like new, four bedroom, three and a half bath 1930's colonial. Completely renovated, the first floor of this impeccably maintained home offers a fireplaced living room, gourmet kitchen with banquette and walk-in pantry, and lovely family room with french doors leading to a charming patio to extend your entertaining. The second floor boasts three spacious bedrooms including a fireplaced master suite with hotel-inspired bathroom and charming nook which invites you to a roof deck. The third floor provides a large bedroom, full bath and easily accessible attic space. A finished lower level is perfect for play, media or exercise room. A covered back porch, fenced yard and perfectly proportioned mudroom complete the picture. All steps from the Brook Path, town center and train.
Unit Size
2,655 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$612
Property Type
House
Property Taxes
$1,200
HOA Dues
-
Year Built
1932

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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 #72080425)

Price History

Date / Event Date Event Price
Nov 30, 2016 Sold
Premium
Sold
Oct 12, 2016 Listed by Rutledge Properties $1,625,000
Listed by Rutledge Properties
Aug 1, 2000 Sold
Premium
Sold
May 10, 2000 Listed by Rutledge Properties $939,000
Listed by Rutledge Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 23
  • 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: 11,174
  • Total Building Area: 2,655
  • Building Area: 2,655
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,655
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000257
  • 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:100 R:044 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2967
  • Longitude: -71.2856

    Address

  • Full Address: 42 Amherst Rd
  • Address - House Number: 42
  • Address - Street Name: Amherst
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 6628
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,876,700

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,151,806
  • High Value: 2,520,432
  • Low Value: 1,783,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,639,000
  • Assessed Land Value: $883,000
  • Assessed Improvements Value: $756,000

    Sales

  • Current Sale Recording Date: Nov 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124971
  • Previous Sale Recording Date: Aug 01, 2000
  • Previous Sale Amount: $907,000
  • 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

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72080425

Frequently Asked Questions

When was property at 42 Amherst Road built and last sold?
The property at 42 Amherst Road was built in 1932 and last sold on Jan 1, 1970 for $1,590,000.
How much is this home worth?
The estimated value of the home located at 42 Amherst Road is $1,616,239.
What are some comparable homes to 42 Amherst Road?
There are currently no comparable homes to 42 Amherst Road.
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