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Wellesley 02481
6 Monroe Road
$360,500
● House - Off Market

6 Monroe Road

Wellesley, MA 02481
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,388 Ft²
$1,139,230
RealtyHop Estimate
225.59%
Since Sep 1, 1999
MA-Boston
Primary Model

About This Property

THE BEST OF ONE LEVEL LIVING IS OFFERED BY THIS 6 ROOM RANCH WITH A DIFFERENT FLOOR PLAN.SPACIOUS LIV/DIN RM W/CATHEDRAL CEILING,FRPL & BUILT-INS.GALLEY KITCHEN W/EAT-IN AREA.FAMILY RM W/CLOSET & HALF BATH.2 BEDRMS.UPDATED FULL BATH.SIDE ST.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$252
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
2002

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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: 4 years ago (MLSPIN #30325391)

Price History

Date / Event Date Event Price
Mar 15, 2000 Sold
Premium
Sold
Aug 26, 1999 Listed $825,000
Listed
Aug 16, 1999 Sold
Premium
Sold
Jun 1, 1999 Listed $349,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 13,089
  • Total Building Area: 3,328
  • Building Area: 3,328
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,328
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000300
  • 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: SR15

Geography

  • Parcel: WELL M:024 R:060 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3079
  • Longitude: -71.2497

    Address

  • Full Address: 6 Monroe Rd
  • Address - House Number: 6
  • Address - Street Name: Monroe
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C037
  • 4-Digit Zip Code: 5444
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,498,800

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,664,480
  • High Value: 1,922,273
  • Low Value: 1,406,687

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,309,000
  • Assessed Land Value: $841,000
  • Assessed Improvements Value: $468,000

    Sales

  • Current Sale Recording Date: Mar 15, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 16, 1999
  • Previous Sale Amount: $360,500
  • 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:

$2,150,000

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4196 ft²

Average Home Age

52 years

Currently For Sale

60 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: 4 years ago
Data Source: MLS PIN, MLS# 30325391

Frequently Asked Questions

When was property at 6 Monroe Road built and last sold?
The property at 6 Monroe Road was built in 2002 and last sold on Jan 1, 1970 for $823,000.
How much is this home worth?
The estimated value of the home located at 6 Monroe Road is $0.
What are some comparable homes to 6 Monroe Road?
There are currently no comparable homes to 6 Monroe Road.
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