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Wellesley 02481
60 Boulder Rd. Ext.
$1,830,000
● House - Off Market

60 Boulder Rd. Ext.

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,700 Ft²
$2,795,873
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Premier Wellesley Farms location. Stately 5 BR/5.5 Bath Colonial perfect for entertaining and informal living. Custom gourmet kitchen and separate breakfast room, expansive deck overlooking the beautiful 3/4 acre grounds!. Desirable 1st floor family area, formal dining and living room with an elegant white marble fireplace. The entire house is a Brand new renovation including a new Master bedroom, bath and walk-in closets. Light and bright with southern exposure across back of house. Several finished rooms on lower level include media room/bedroom with full bath & fireplace, game room & exercise area. Excellent condition inside and out. A very special property. Close to the Farms train & even easier access to all main rtes; 128. 16 & the Mass Pike! A commuters dream in a wonderful Farms neighborhood!
Unit Size
4,700 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$383
Property Type
House
Property Taxes
$1,267
HOA Dues
-
Year Built
1940

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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 months ago (MLSPIN #72091940)

Price History

Date / Event Date Event Price
Aug 7, 2017 Sold
Premium
Sold
Nov 10, 2016 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,799,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Nov 5, 2015 Sold
Premium
Sold
Sep 9, 2015 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,195,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 2016
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 3
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 250
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,040
  • Total Building Area: 3,674
  • Building Area: 3,674
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,674
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000575
  • 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: 404201

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:061 R:016 S:
  • Municipality: WELLESLEY
  • Latitude: 42.327
  • Longitude: -71.2728

    Address

  • Full Address: 60 Boulder Rd
  • Address - House Number: 60
  • Address - Street Name: Boulder
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C016
  • 4-Digit Zip Code: 1520
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,309,500

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,777,681
  • High Value: 3,203,866
  • Low Value: 2,351,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,017,000
  • Assessed Land Value: $1,070,000
  • Assessed Improvements Value: $947,000

    Sales

  • Current Sale Recording Date: Aug 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73445
  • Previous Sale Recording Date: Nov 05, 2015
  • Previous Sale Amount: $1,170,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

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# 72091940

Frequently Asked Questions

When was property at 60 Boulder Road built and last sold?
The property at 60 Boulder Road was built in 1940 and last sold on Jan 1, 1970 for $1,830,000.
How much is this home worth?
The estimated value of the home located at 60 Boulder Road is $1,818,917.
What are some comparable homes to 60 Boulder Road?
There are currently no comparable homes to 60 Boulder Road.
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