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Wellesley 02482
5 Great Plain Ave
$1,250,000
● House - Off Market

5 Great Plain Ave

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,929 Ft²
$1,396,616
RealtyHop Estimate
16.48%
Since Jun 1, 2021
MA-Boston
Primary Model

About This Property

Lovely four-bedroom Colonial sited on almost .6 acres of private level grounds in premier close to everything location. A sunlit eat-in kitchen and fireplaced living area joins two bedrooms and a full bath on the first floor. A staircase lined with windows leads to the second floor with two additional bedrooms including a large master with a full bath. Walkout lower level has bedroom option, full bath, kitchenette and  fire-placed family room all great for multigenerational living. This home offers a very flexible floor plan that can adjust to many living situations.  Expansive professionally designed grounds offer a park-like setting.  Beautiful screened-in porch, oversized patio, and deck off of kitchen offer lots of outdoor living options in a beautiful setting near everything Wellesley has to offer.
Unit Size
2,929 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$409
Property Type
House
Property Taxes
$1,022
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: 5 years ago (MLSPIN #72801255)

Price History

Date / Event Date Event Price
May 17, 2021 Sold
Premium
Sold
Mar 19, 2021 Listed by Redfin Corp. $1,199,000
Listed by Redfin Corp.
Jun 2, 1993 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1987
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 150
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,000
  • Total Building Area: 2,434
  • Building Area: 2,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000551
  • 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:077 R:003 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2981
  • Longitude: -71.2788

    Address

  • Full Address: 5 Great Plain Ave
  • Address - House Number: 5
  • Address - Street Name: Great Plain
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 7217
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,261,800

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,491,414
  • High Value: 1,746,909
  • Low Value: 1,235,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,102,000
  • Assessed Land Value: $900,000
  • Assessed Improvements Value: $202,000

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 64707
  • Previous Sale Recording Date: Jun 02, 1993
  • Previous Sale Amount: $310,200
  • 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:

$2,150,000

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4348 ft²

Average Home Age

50.1 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: 5 years ago
Data Source: MLS PIN, MLS# 72801255

Frequently Asked Questions

When was property at 5 Great Plain Avenue built and last sold?
The property at 5 Great Plain Avenue was built in 1955 and last sold on May 17, 2021 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 5 Great Plain Avenue is $0.
What are some comparable homes to 5 Great Plain Avenue?
There are currently no comparable homes to 5 Great Plain Avenue.
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