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Wellesley 02482
47 Cottage St
Photo of 47 Cottage St
Sold on Oct 12, 2011

1

Map

$860,000
● House - Off Market

47 Cottage St

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$1,914,554
RealtyHop Estimate
112.96%
Since Nov 1, 2011
MA-Boston
Primary Model

About This Property

Classic New England Cape steps from the Brook Path in Dana Hall/Historic District.  Granite chef's kitchen opens to a fabulous solarium.  Rare first floor master with cozy sitting room; two bedrooms and bath on second level.   Lower level office and family room with fireplace.  Brick walkway through overflowing flower gardens.    Glorious private backyard replete with patio that overlooks superbly landscaped grounds.  A short stroll to town, train, library, restaurants, lake, and campus.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$529
Property Type
House
Property Taxes
$665
HOA Dues
-
Year Built
1955

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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: 16 days ago (MLSPIN #71241254)

Price History

Date / Event Date Event Price
Jul 9, 2014 Sold
Premium
Sold
Apr 1, 2014 Listed by Pinnacle Residential $999,000
Listed by Pinnacle Residential
Oct 12, 2011 Sold
Premium
Sold
Jun 1, 2011 Listed by Pinnacle Residential $899,000
Listed by Pinnacle Residential
Nov 14, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 12,200
  • Total Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,794
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • 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:125 R:089 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2896
  • Longitude: -71.2921

    Address

  • Full Address: 47 Cottage St
  • Address - House Number: 47
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C054
  • 4-Digit Zip Code: 6948
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,474,800

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,656,440
  • High Value: 1,940,205
  • Low Value: 1,372,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,288,000
  • Assessed Land Value: $1,002,000
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Recording Date: Jul 09, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55774
  • Previous Sale Recording Date: Oct 12, 2011
  • Previous Sale Amount: $860,000
  • 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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4237 ft²

Average Home Age

51.9 years

Currently For Sale

58 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: 16 days ago
Data Source: MLS PIN, MLS# 71241254

Frequently Asked Questions

When was property at 47 Cottage Street built and last sold?
The property at 47 Cottage Street was built in 1955 and last sold on Jan 1, 1970 for $1,019,000.
How much is this home worth?
The estimated value of the home located at 47 Cottage Street is $1,017,453.
What are some comparable homes to 47 Cottage Street?
There are currently no comparable homes to 47 Cottage Street.
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