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Wellesley 02482
59 Russell Road
$1,240,000
● House - Off Market

59 Russell Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,911 Ft²
$1,089,394
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Enjoy Wonderful Views, Great Walks and Loads of Summer Fun from this beautifully renovated 3 bedroom, 2.5 bath Contemporary Colonial at Morses Pond. This home features an open concept main living area, great for entertaining with updated kitchen w/granite countertops and stainless steel appliances. Classic French doors leading to office/den/playroom with spectacular views, 1/2 bath and laundry area complete the main living area. Second level hosts Primary bedroom w/private deck, guest bedroom and full bath. Lower level includes family room w/patio, full bath and guest bedroom w/cedar closet.  A Must See!!!
Unit Size
1,911 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$563
Property Type
House
Property Taxes
$796
HOA Dues
-
Year Built
1914

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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: 4 months ago (MLSPIN #72966639)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Apr 14, 2022 Listed by William Raveis R.E. & Home Services $1,075,000
Listed by William Raveis R.E. & Home Services
Jun 11, 2018 Sold
Premium
Sold
Apr 4, 2018 Listed by William Raveis R.E. & Home Services $819,000
Listed by William Raveis R.E. & Home Services
Jul 13, 2012 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 2009
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 4,054
  • Total Building Area: 1,312
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINE RDG PARK
  • Land Acres: 0000000093
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:183 R:028 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3011
  • Longitude: -71.3149

    Address

  • Full Address: 59 Russell Rd
  • Address - House Number: 59
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C057
  • 4-Digit Zip Code: 4327
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,135,800

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,331,251
  • High Value: 1,536,415
  • Low Value: 1,126,086

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $992,000
  • Assessed Land Value: $701,000
  • Assessed Improvements Value: $291,000

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 38528
  • Previous Sale Recording Date: Jun 11, 2018
  • Previous Sale Amount: $819,000
  • Previous Sale Document Type: O
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:

$2,150,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4244 ft²

Average Home Age

53.4 years

Currently For Sale

56 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: 4 months ago
Data Source: MLS PIN, MLS# 72966639

Frequently Asked Questions

When was property at 59 Russell Road built and last sold?
The property at 59 Russell Road was built in 1914 and last sold on Apr 20, 2022 for $1,240,000.
How much is this home worth?
The estimated value of the home located at 59 Russell Road is $1,080,533.
What are some comparable homes to 59 Russell Road?
There are currently no comparable homes to 59 Russell Road.
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