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Wellesley 02481
44 Pine Ridge Rd
$766,450
● House - Off Market

44 Pine Ridge Rd

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,658 Ft²
$1,310,483
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Location! Location!  Location!  You are going to love this thoughtfully updated Wellesley Farms Cape.  Features include an updated kitchen with granite countertops and SS appliances, updated baths, hardwood floors, central air, crown molding, irrigation system, 1 car garage, finished basement, marvin windows, formal dining room with corner built in, front to back living room with direct access to updated deck and sun room.  Seconds to Routes 9, 128 and the Massachusetts Turnpike. Close to Warren Park, restaurants, shopping and train.  Showings start at open house Saturday 1:30pm to 3pm  or Sunday 10am to 12pm.
Unit Size
1,658 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$452
Property Type
House
Property Taxes
$678
HOA Dues
-
Year Built
1939

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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: 4 months ago (MLSPIN #71902348)

Price History

Date / Event Date Event Price
Oct 28, 2015 Sold
Premium
Sold
Sep 10, 2015 Listed by William Raveis R.E. & Home Services $749,900
Listed by William Raveis R.E. & Home Services
Aug 21, 2009 Sold
Premium
Sold
Jul 6, 2009 Listed by William Raveis R.E. & Home Services $618,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 10,000
  • Total Building Area: 2,326
  • Building Area: 2,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,326
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 404201

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:042 R:019 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3252
  • Longitude: -71.2652

    Address

  • Full Address: 44 Pine Ridge Rd
  • Address - House Number: 44
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C017
  • 4-Digit Zip Code: 1638
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,398,000

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,511,463
  • High Value: 1,769,542
  • Low Value: 1,253,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,221,000
  • Assessed Land Value: $797,000
  • Assessed Improvements Value: $424,000

    Sales

  • Current Sale Recording Date: Oct 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1340925
  • Previous Sale Recording Date: Aug 21, 2009
  • Previous Sale Amount: $618,000
  • Previous Sale Document Type: 48
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# 71902348

Frequently Asked Questions

When was property at 44 Pine Ridge Road built and last sold?
The property at 44 Pine Ridge Road was built in 1939 and last sold on Jan 1, 1970 for $766,450.
How much is this home worth?
The estimated value of the home located at 44 Pine Ridge Road is $777,856.
What are some comparable homes to 44 Pine Ridge Road?
There are currently no comparable homes to 44 Pine Ridge Road.
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