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Wellesley 02481
54 Abbott Rd
Photo of 54 Abbott Rd
Sold on Jun 13, 2007

1

Map

$2,520,000
● House - Off Market

54 Abbott Rd

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,254 Ft²
$4,836,638
RealtyHop Estimate
86.38%
Since Jul 1, 2007
MA-Boston
Primary Model

About This Property

A glorious 1880 Victorian beautifully renovated by an award-winning kitchen designer. The exquisitely appointed foyer with grand staircase sets the tone for elegant entertaining and expansive family living. Sun-splashed family room with French doors to porch, deck, hot-tub and private landscaped yard. Sophisticated master suite includes marble bath, exercise room and office. Lower level game room and heated garage. This property is a rare opportunity.
Unit Size
4,254 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$610
Property Type
House
Property Taxes
$1,457
HOA Dues
-
Year Built
1896

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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 #70533845)

Price History

Date / Event Date Event Price
Jun 4, 2021 Sold
Premium
Sold
Apr 1, 2021 Listed $2,949,000
Listed
Jun 13, 2007 Sold
Premium
Sold
Mar 2, 2007 Listed $2,595,000
Listed
Mar 4, 1998 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1998
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,276
  • Total Building Area: 4,787
  • Building Area: 4,787
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,787
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BABSON COLLEGE
  • Land Acres: 0000000672
  • 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:065 R:019 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3082
  • Longitude: -71.2725

    Address

  • Full Address: 54 Abbott Rd
  • Address - House Number: 54
  • Address - Street Name: Abbott
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C002
  • 4-Digit Zip Code: 6102
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,094,900

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 3,303,665
  • High Value: 4,013,142
  • Low Value: 2,594,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,703,000
  • Assessed Land Value: $1,459,000
  • Assessed Improvements Value: $1,244,000

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73536
  • Previous Sale Recording Date: Jun 13, 2007
  • Previous Sale Amount: $2,520,000
  • 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

4133 ft²

Average Home Age

49.5 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70533845

Frequently Asked Questions

When was property at 54 Abbott Road built and last sold?
The property at 54 Abbott Road was built in 1896 and last sold on Jun 4, 2021 for $2,800,000.
How much is this home worth?
The estimated value of the home located at 54 Abbott Road is $2,970,180.
What are some comparable homes to 54 Abbott Road?
There are currently no comparable homes to 54 Abbott Road.
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