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Wellesley 02481
51 Northgate Rd
Photo of 51 Northgate Rd
Sold on May 20, 2011

1

Map

$792,500
● House - Off Market

51 Northgate Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,782 Ft²
$1,689,255
RealtyHop Estimate
107.27%
Since Jun 1, 2011
MA-Boston
Primary Model

About This Property

Meticulous 4 bedroom home with updated kitchen and new baths. Spacious sun filled living room is enhanced by delft tile fireplace surround.  Charming dining room opens to a heated sunroom.  Beautifully landscaped lot features azaleas, dogwood and boxwood trimmed patio.  Close to schools and conservation land in one of Wellesley's favorite neighborhoods.
Unit Size
1,782 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$457
Property Type
House
Property Taxes
$633
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: 7 months ago (MLSPIN #71182888)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Premium
Sold
Sep 2, 2020 Listed by Rutledge Properties $1,130,000
Listed by Rutledge Properties
May 20, 2011 Sold
Premium
Sold
Jan 28, 2011 Listed by Rutledge Properties $815,000
Listed by Rutledge Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 10,000
  • Total Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTHGATE
  • Land Acres: 0000000230
  • 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:168 R:037 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3168
  • Longitude: -71.3132

    Address

  • Full Address: 51 Northgate Rd
  • Address - House Number: 51
  • Address - Street Name: Northgate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C025
  • 4-Digit Zip Code: 1125
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,347,700

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,515,520
  • High Value: 1,774,291
  • Low Value: 1,256,748

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,177,000
  • Assessed Land Value: $763,000
  • Assessed Improvements Value: $414,000

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127346
  • Previous Sale Recording Date: May 20, 2011
  • Previous Sale Amount: $792,500
  • 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:

$2,195,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4246 ft²

Average Home Age

49.4 years

Currently For Sale

57 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

Currently no nearby rentals
Last Updated: 7 months ago
Data Source: MLS PIN, MLS# 71182888

Frequently Asked Questions

When was property at 51 Northgate Road built and last sold?
The property at 51 Northgate Road was built in 1950 and last sold on Oct 30, 2020 for $1,161,297.
How much is this home worth?
The estimated value of the home located at 51 Northgate Road is $1,138,863.
What are some comparable homes to 51 Northgate Road?
There are currently no comparable homes to 51 Northgate Road.
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