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Wellesley 02482
52 Cottonwood Rd.
$1,450,000
● House - Off Market

52 Cottonwood Rd.

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,102 Ft²
$8,320
Est. Monthly

About This Property

Happy New Year! Come take a look at this lovely family home nearby to Wellesley Schools; elementary, middle and high school!  The Hunnewell Fields offer tennis courts, a gorgeous track and playing fields. Whole Foods & the commuter rail just one street over! A very private location.  The upper level offers an eat in fully appliance kitchen, living/dining room w fireplace, an added sun room, 3 very spacious bedrooms 1 full bath. The lower level features brand new carpeting and flooring!  Plenty of storage, a festive bar area with sink, refrigerator, also formally a working kitchen! plus 1 bath and family area. Walk out to former wine cellar and to the backyard gardens. Professional landscaping on a level 10k sq ft lot. 2 car oversized attached garage.
Unit Size
3,102 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$483
Property Type
House
Property Taxes
$964
HOA Dues
-
Year Built
1970

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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 #73130590)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold
Premium
Sold
Jan 19, 2024 In contract -
In contract
Jan 1, 2024 Relisted $1,498,000
Relisted
Dec 22, 2023 Withdrawn -
Withdrawn
Nov 30, 2023 Price Decreased $1,498,000
↓ $22K (1.5%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,050
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 404202

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:088 R:020 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2999
  • Longitude: -71.281

    Address

  • Full Address: 52 Cottonwood Rd
  • Address - House Number: 52
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C055
  • 4-Digit Zip Code: 6045
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,156,500

    Appraisal Valuation

  • Standard Deviation: 0.0706
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 95
  • Final Value: 1,430,534
  • High Value: 1,531,549
  • Low Value: 1,329,519

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,010,000
  • Assessed Land Value: $863,000
  • Assessed Improvements Value: $147,000
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

4179 ft²

Average Home Age

47.9 years

Currently For Sale

51 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# 73130590

Frequently Asked Questions

When was property at 52 Cottonwood Road built and last sold?
The property at 52 Cottonwood Road was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 52 Cottonwood Road is $1,538,755.
What are some comparable homes to 52 Cottonwood Road?
There are currently no comparable homes to 52 Cottonwood Road.
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