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Wellesley 02481
61 Arnold Rd
Photo of 61 Arnold Rd
Sold on Jun 29, 2015

1

Map

$1,825,000
● House - Off Market

61 Arnold Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,258 Ft²
$3,291,180
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Gracious 1930's Center Entrance Colonial in the heart of Cliff Estates. Gorgeous addition includes large kitchen with oversized island, great counter space, desk, large eat- in area that opens into a fireplaced great room. Mudroom with custom built-in cubby units. Traditional formal dining room and front to back fireplaced living room. First floor office. Renovation also includes a serene Master suite with double walk-in closets, radiant heat bathroom floors and double sinks, bedroom with tray ceiling and up lighting. Three additional corner bedrooms along with full bath. Lower level with finished playroom and great storage. Large bluestone patio off of the family room perfect for entertaining. Large flat yard with incredible private views. Upham School.
Unit Size
3,258 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$580
Property Type
House
Property Taxes
$1,450
HOA Dues
-
Year Built
1936

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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: 2 years ago (MLSPIN #71802720)

Price History

Date / Event Date Event Price
May 4, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed $2,175,000
Listed
Jun 29, 2015 Sold
Premium
Sold
Mar 18, 2015 Listed $1,890,000
Listed
Feb 14, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 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: 20,096
  • Total Building Area: 3,258
  • Building Area: 3,258
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,258
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000461
  • 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:096 R:018 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3121
  • Longitude: -71.2866

    Address

  • Full Address: 61 Arnold Rd
  • Address - House Number: 61
  • Address - Street Name: Arnold
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C036
  • 4-Digit Zip Code: 2820
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,298,000

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,670,755
  • High Value: 3,126,781
  • Low Value: 2,214,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,007,000
  • Assessed Land Value: $1,000,000
  • Assessed Improvements Value: $1,007,000

    Sales

  • Current Sale Contract Date: May 04, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1475997
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Amount: $1,825,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4133 ft²

Average Home Age

49.5 years

Currently For Sale

58 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: 2 years ago
Data Source: MLS PIN, MLS# 71802720

Frequently Asked Questions

When was property at 61 Arnold Road built and last sold?
The property at 61 Arnold Road was built in 1936 and last sold on May 4, 2021 for $2,275,000.
How much is this home worth?
The estimated value of the home located at 61 Arnold Road is $0.
What are some comparable homes to 61 Arnold Road?
There are currently no comparable homes to 61 Arnold Road.
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