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Wellesley 02481
58 Cedar Street
Photo of 58 Cedar Street
Sold on Feb 27, 2008

1

Map

$399,000
● House - Off Market

58 Cedar Street

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,288 Ft²
$805,828
RealtyHop Estimate
101.96%
Since Mar 1, 2008
MA-Boston
Primary Model

About This Property

CONVENIENTLY LOCATED 6 RM/3+ BR HOME ON DEEP 19,000 SQ FT LOT OFFERING EXPANSION POSSIBILITIES***GREAT COMMUTER LOCATION NEAR RTES 9, 16 & 128***CLOSE TO SCHOFIELD SCHOOL***HOUSE & DETACHED GARAGE ARE CURRENTLY RENTED & NEED TLC***LARGE EAT-IN KITCHEN***WOOD FLRS IN PRINCIPLE ROOMS***SOME UPDATES INCLUDING 100 AMP ELECTRIC & SOME THERMOPANE WINDOWS***MOTIVATED SELLER OFFERING PROPERTY FOR LESS THAN ASSESSED VALUE***UNIQUE OPPORTUNITY TO GET STARTED IN WELLESLEY***COME SEE & MAKE AN OFFER
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$310
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
2012

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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: 5 months ago (MLSPIN #70658423)

Price History

Date / Event Date Event Price
Feb 27, 2008 Sold
Premium
Sold
Oct 3, 2007 Listed $399,000
Listed
Nov 23, 2005 Sold
Premium
Sold
Apr 20, 2005 Sold
Premium
Sold
Jan 14, 2005 Listed $649,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • 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: 19,190
  • Total Building Area: 3,332
  • Building Area: 3,332
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,332
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000441
  • 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: 404100

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:021 R:062 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3205
  • Longitude: -71.2497

    Address

  • Full Address: 58 Cedar St
  • Address - House Number: 58
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C003
  • 4-Digit Zip Code: 3519
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,695,700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,855,962
  • High Value: 2,143,411
  • Low Value: 1,568,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,481,000
  • Assessed Land Value: $928,000
  • Assessed Improvements Value: $553,000

    Sales

  • Current Sale Recording Date: Feb 27, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17508
  • Previous Sale Recording Date: Nov 23, 2005
  • Previous Sale Amount: $640,000
  • 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:

$2,172,500

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70658423

Frequently Asked Questions

When was property at 58 Cedar Street built and last sold?
The property at 58 Cedar Street was built in 2012 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 58 Cedar Street is $434,782.
What are some comparable homes to 58 Cedar Street?
There are currently no comparable homes to 58 Cedar Street.
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