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Wellesley 02481
5 Alden Road
$1,850,000
● House - Off Market

5 Alden Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$3,401,715
RealtyHop Estimate
76.71%
Since May 1, 2005
MA-Boston
Primary Model

About This Property

Masterful renovation & addition to stately 1930's Colonial. Exquisite Scandia kitchen w/granite & top of the line appliances, wetbar & wine cooler. Step down, sunfilled family rm w/gas fp, music rm/study. Excell circulation from formal areas to fam area. Beaut mstr br & bth. Priv lvl lot in country club area. Character & exceptional quality.
Unit Size
-
Days on Market
-
Land Size
0.33 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,279
HOA Dues
-
Year Built
1936

Payment Calculator

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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: 6 months ago (MLSPIN #70144756)

Price History

Date / Event Date Event Price
Apr 11, 2005 Sold
Premium
Sold
Feb 11, 2005 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,925,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Nov 22, 2002 Sold
Premium
Sold
Jun 19, 2002 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,250,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 14,468
  • Total Building Area: 3,713
  • Building Area: 3,713
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,713
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 3274-26
  • Land Acres: 0000000332
  • 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: 404202

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:067 R:012 S:
  • Municipality: WELLESLEY
  • Latitude: 42.301
  • Longitude: -71.2729

    Address

  • Full Address: 5 Alden Rd
  • Address - House Number: 5
  • Address - Street Name: Alden
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C024
  • 4-Digit Zip Code: 6702
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,019,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,281,286
  • High Value: 2,634,610
  • Low Value: 1,927,963

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,764,000
  • Assessed Land Value: $1,036,000
  • Assessed Improvements Value: $728,000

    Sales

  • Current Sale Recording Date: Apr 11, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 163639
  • Previous Sale Recording Date: Nov 22, 2002
  • Previous Sale Amount: $1,150,000
  • 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:

$2,172,500

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4306 ft²

Average Home Age

44.1 years

Currently For Sale

41 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: 6 months ago
Data Source: MLS PIN, MLS# 70144756

Frequently Asked Questions

When was property at 5 Alden Road built and last sold?
The property at 5 Alden Road was built in 1936 and last sold on Jan 1, 1970 for $1,850,000.
How much is this home worth?
The estimated value of the home located at 5 Alden Road is $1,944,250.
What are some comparable homes to 5 Alden Road?
There are currently no comparable homes to 5 Alden Road.
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