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Wellesley 02482
60 Beechwood Road
$546,000
● House - Off Market

60 Beechwood Road

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$1,829,333
RealtyHop Estimate
233.21%
Since Jul 1, 1999
MA-Boston
Primary Model

About This Property

STUNNING 4-BEDROOM CONTEMPORARY WITH 2 1/2 BATHS. FP LIV RM SPACIOUS DIN RM, KITCHEN OPEN TO FAM ROM WITH FRENCH DOORS DECK OVERLOOKING WOODED ACRE. FOUR LARGE BEDROOMS, WONDERFUL STORAGE. CONVENIENT TO SHOPS, PERRIN  PARK, AND COMMUTING
Unit Size
2,300 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$239
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1988

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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 #30307774)

Price History

Date / Event Date Event Price
Jun 30, 1999 Sold
Premium
Sold
Apr 7, 1999 Listed $549,000
Listed
Jul 17, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 45,956
  • Total Building Area: 2,622
  • Building Area: 2,622
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,622
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET GARDENS
  • Land Acres: 0000001055
  • 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:191 R:024 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3073
  • Longitude: -71.3209

    Address

  • Full Address: 60 Beechwood Rd
  • Address - House Number: 60
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 2333
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,711,800

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 2,096,621
  • High Value: 2,346,856
  • Low Value: 1,846,386

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,495,000
  • Assessed Land Value: $1,231,000
  • Assessed Improvements Value: $264,000

    Sales

  • Current Sale Recording Date: Jun 30, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 17, 1992
  • Previous Sale Amount: $395,000
  • 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

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4166 ft²

Average Home Age

49.3 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: 4 years ago
Data Source: MLS PIN, MLS# 30307774

Frequently Asked Questions

When was property at 60 Beechwood Road built and last sold?
The property at 60 Beechwood Road was built in 1988 and last sold on Jan 1, 1970 for $546,000.
How much is this home worth?
The estimated value of the home located at 60 Beechwood Road is $0.
What are some comparable homes to 60 Beechwood Road?
There are currently no comparable homes to 60 Beechwood Road.
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