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Wellesley 02482
5 Marvin Road
Photo of 5 Marvin Road
Sold on Oct 5, 2006

1

Map

$1,183,000
● House - Off Market

5 Marvin Road

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,046 Ft²
$2,365,092
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

Classic 1929 center entrance brick colonial located in the Hunnewell/Dana Hall schools area. This gracious & appealing home features a fireplaced living room, dining room, kitchen, family room, den & private screened in porch. The 2nd flr w/5 bdrms, 3 baths has a delightful rear balcony. Meticulously maintained. One year old furnace & hot water heater. Conveniently located on side street within strolling distance to the Brook Path, schools, town & train.
Unit Size
3,046 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$419
Property Type
House
Property Taxes
$765
HOA Dues
-
Year Built
1931

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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 months ago (MLSPIN #70361318)

Price History

Date / Event Date Event Price
Oct 5, 2006 Sold
Premium
Sold
Apr 5, 2006 Listed $1,275,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,370
  • Total Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000261
  • 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:100 R:039 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2958
  • Longitude: -71.2862

    Address

  • Full Address: 5 Marvin Rd
  • Address - House Number: 5
  • Address - Street Name: Marvin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 6613
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,543,500

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,894,184
  • High Value: 2,187,554
  • Low Value: 1,600,815

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,348,000
  • Assessed Land Value: $885,000
  • Assessed Improvements Value: $463,000

    Sales

  • Current Sale Recording Date: Oct 05, 2006
  • Current Sale Price:
    Premium
  • Current 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:

$2,172,500

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4246 ft²

Average Home Age

48.6 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: 5 months ago
Data Source: MLS PIN, MLS# 70361318

Frequently Asked Questions

When was property at 5 Marvin Road built and last sold?
The property at 5 Marvin Road was built in 1931 and last sold on Jan 1, 1970 for $1,183,000.
How much is this home worth?
The estimated value of the home located at 5 Marvin Road is $1,280,316.
What are some comparable homes to 5 Marvin Road?
There are currently no comparable homes to 5 Marvin Road.
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