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Wellesley 02481
56 Pine Plain Road
Photo of 56 Pine Plain Road
Sold on Oct 30, 2025

17

Map

Photo of 56 Pine Plain Road
Photo of 56 Pine Plain Road
$1,530,000
● House - Off Market

56 Pine Plain Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,265 Ft²
$8,274
Est. Monthly
3.42%
Cap Rate

About This Property

Set on a quiet cul-de-sac near Bates Elementary in one of Wellesley's most desirable neighborhoods, this elegant Colonial offers timeless charm with thoughtful updates. A new roof, refinished hardwood floors, and freshly painted interiors create a move-in ready home. The landscaped yard features fencing, stone patio, and irrigation system-ideal for outdoor living. Inside are four bedrooms, three full baths, and a finished third floor for a playroom, guest suite, or studio. A fireplaced living room, sunlit home office, and seamless kitchen-to-dining flow enhance everyday living. Close to scenic trails, meadows, and open fields, this home offers privacy, beauty, and convenience in an exceptional location.
Unit Size
2,265 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$651
Property Type
House
Property Taxes
$1,031
HOA Dues
-
Year Built
1937

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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: 12 months ago (MLSPIN #73428820)

Price History

Date / Event Date Event Price
Oct 30, 2025 Sold
Premium
Sold
Sep 16, 2025 In contract -
In contract
Sep 10, 2025 Listed by William Raveis R.E. & Home Services $1,475,000
Listed by William Raveis R.E. & Home Services
Apr 19, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 7,083
  • Total Building Area: 2,265
  • Building Area: 2,265
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,265
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • 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:169 R:044 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3128
  • Longitude: -71.3115

    Address

  • Full Address: 56 Pine Plain Rd
  • Address - House Number: 56
  • Address - Street Name: Pine Plain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C071
  • 4-Digit Zip Code: 1124
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,072,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,380,257
  • High Value: 1,594,029
  • Low Value: 1,166,484

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $937,000
  • Assessed Land Value: $713,000
  • Assessed Improvements Value: $224,000

    Sales

  • Current Sale Recording Date: Apr 19, 1994
  • 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:

$2,149,500

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4381 ft²

Average Home Age

49.4 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

Click here to view more rentals in the neighborhood.
Last Updated: 12 months ago
Data Source: MLS PIN, MLS# 73428820

Frequently Asked Questions

When was property at 56 Pine Plain Road built and last sold?
The property at 56 Pine Plain Road was built in 1937 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 56 Pine Plain Road is $0.
What are some comparable homes to 56 Pine Plain Road?
There are currently no comparable homes to 56 Pine Plain Road.
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