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Wellesley 02481
63 Monadnock Rd
$1,210,000
● House - Off Market

63 Monadnock Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,099 Ft²
$2,134,881
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

*Town's Best Value at great New Price!** . Location! Location! Location! Sunny 4 bdrm, 2.5 bath  CE Colonial in highly sought after Pierce Estates! Privately situated on over 1/2 Acre of land and nestled amongst mature trees. This lovingly cared for one owner home features: generous size rms. with Front to back fireplace living room, immaculate kitchen with open breakfast area,   inviting Family rm with Cathedral ceilings, skylights. FP w/wood burning stove, sliders to deck overlooking scenic back yard, Formal dinning rm., Fabulous Master Suite with adjacent office and so much more! Conveniently located just minutes to major routes, downtown train, fine local shops, restaurants and highly regarded Bates School only add to this homes appeal!  Truly one of the towns best values at this price!
Unit Size
3,099 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$419
Property Type
House
Property Taxes
$1,364
HOA Dues
-
Year Built
1979

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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 #72067867)

Price History

Date / Event Date Event Price
Dec 7, 2016 Sold
Premium
Sold
Sep 15, 2016 Listed by RE/MAX Unlimited $1,299,000
Listed by RE/MAX Unlimited

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 22,282
  • Total Building Area: 3,243
  • Building Area: 3,243
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,243
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000512
  • 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: SR20

Geography

  • Parcel: WELL M:119 R:014 S:E
  • Municipality: WELLESLEY
  • Latitude: 42.3183
  • Longitude: -71.2955

    Address

  • Full Address: 63 Monadnock Rd
  • Address - House Number: 63
  • Address - Street Name: Monadnock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C034
  • 4-Digit Zip Code: 1335
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,088,500

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,342,769
  • High Value: 2,742,792
  • Low Value: 1,942,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,824,000
  • Assessed Land Value: $1,052,000
  • Assessed Improvements Value: $772,000

    Sales

  • Current Sale Recording Date: Dec 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127698

    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:

$2,150,000

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72067867

Frequently Asked Questions

When was property at 63 Monadnock Road built and last sold?
The property at 63 Monadnock Road was built in 1979 and last sold on Jan 1, 1970 for $1,210,000.
How much is this home worth?
The estimated value of the home located at 63 Monadnock Road is $1,343,638.
What are some comparable homes to 63 Monadnock Road?
There are currently no comparable homes to 63 Monadnock Road.
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