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Wellesley 02481
47 Pine Ridge Rd
$930,000
● House - Off Market

47 Pine Ridge Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,152 Ft²
$1,285,289
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Spacious Colonial on a quiet street in a terrific, family neighborhood! Gorgeous, private backyard with gardens and babbling brook. There is a comfortable family room with beautiful views next to an expanded kitchen and breakfast room. A traditional living room with fireplace connects to a dining room with charming details. An exceptionally generous en-suite master overlooks the grounds. Many newer replacement windows. This home is a short stroll to restaurants, train station, and shops in Lower Falls. One of the best spots in town for commuting. Note: Property is being sold "as is."    Seller shall review all offers, should there be any, on Monday, October 7th.
Unit Size
2,152 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$418
Property Type
House
Property Taxes
$840
HOA Dues
-
Year Built
1950

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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 #72573925)

Price History

Date / Event Date Event Price
Dec 13, 2019 Sold
Premium
Sold
Oct 2, 2019 Listed by Pinnacle Residential $899,000
Listed by Pinnacle Residential

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 14,860
  • Total Building Area: 2,152
  • Building Area: 2,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • 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:060 S:
  • Municipality: WELLESLEY
  • Latitude: 42.325
  • Longitude: -71.2647

    Address

  • Full Address: 47 Pine Ridge Rd
  • Address - House Number: 47
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C017
  • 4-Digit Zip Code: 1623
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,170,200

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,399,939
  • High Value: 1,638,975
  • Low Value: 1,160,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,022,000
  • Assessed Land Value: $863,000
  • Assessed Improvements Value: $159,000

    Sales

  • Current Sale Contract Date: Nov 22, 2019
  • Current Sale Recording Date: Dec 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1436306
  • Previous Sale Recording Date: Apr 10, 2012
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

4381 ft²

Average Home Age

49.4 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72573925

Frequently Asked Questions

When was property at 47 Pine Ridge Road built and last sold?
The property at 47 Pine Ridge Road was built in 1950 and last sold on Nov 22, 2019 for $930,000.
How much is this home worth?
The estimated value of the home located at 47 Pine Ridge Road is $937,347.
What are some comparable homes to 47 Pine Ridge Road?
There are currently no comparable homes to 47 Pine Ridge Road.
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