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Wellesley 02482
48 Parker Road
Photo of 48 Parker Road
Sold on Oct 13, 2009

1

Map

$1,690,000
● House - Off Market

48 Parker Road

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
5,100 Ft²
$3,638,541
RealtyHop Estimate
107.92%
Since Nov 1, 2009
MA-Boston
Primary Model

About This Property

Gorgeous NEW construction with BIG beautiful back yard on 28K sq ft lot and 3 car garage! If you  are looking for new in great neighborhood with a yard big and flat enough for games and a pool, this is the one. Quality craftsmanship throughout. Perfect floor plan from welcoming front porch to the spacious master. First floor office. Huge south facing family room and kitchen look out to the spectacular back yard w/space for a pool,tennis court + play yard! Popular quiet street abutting parkland.
Unit Size
5,100 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$343
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2009

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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 #70959129)

Price History

Date / Event Date Event Price
Oct 13, 2009 Sold
Premium
Sold
Aug 9, 2009 Listed $1,750,000
Listed
Sep 5, 2008 Sold
Premium
Sold
Jun 21, 2008 Listed $895,000
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 28,058
  • Total Building Area: 5,253
  • Building Area: 5,253
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,253
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000644
  • 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:190 R:029 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3103
  • Longitude: -71.3195

    Address

  • Full Address: 48 Parker Rd
  • Address - House Number: 48
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 2250
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,347,300

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 2,862,348
  • High Value: 3,203,973
  • Low Value: 2,520,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,050,000
  • Assessed Land Value: $1,132,000
  • Assessed Improvements Value: $918,000

    Sales

  • Current Sale Recording Date: Oct 13, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 1186232
  • Previous Sale Recording Date: Sep 05, 2008
  • Previous Sale Amount: $835,000
  • 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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4145 ft²

Average Home Age

51.4 years

Currently For Sale

59 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# 70959129

Frequently Asked Questions

When was property at 48 Parker Road built and last sold?
The property at 48 Parker Road was built in 2009 and last sold on Jan 1, 1970 for $1,690,000.
How much is this home worth?
The estimated value of the home located at 48 Parker Road is $1,766,454.
What are some comparable homes to 48 Parker Road?
There are currently no comparable homes to 48 Parker Road.
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