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Wellesley 02481
63 River St
Photo of 63 River St
Sold on Jun 27, 2006

1

Map

$564,000
● House - Off Market

63 River St

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,628 Ft²
$1,053,421
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

Location and style in this updated antique Colonial featuring classic large rooms and wide hallways tastefully blended with modern amenities like a granite eat-in kitchen and jacuzzi bath. Walking distance to schools, parks, trails, restaurants and train and close to major highways. Featuring central air conditioning, updated heating system, three season porch, large private fenced yard, two-car garage and ample storage, this beautiful home is one of the best values in Wellesley. OH 5/21 12-2.
Unit Size
1,628 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$359
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1871

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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: 5 months ago (MLSPIN #70360868)

Price History

Date / Event Date Event Price
Jun 27, 2006 Sold
Premium
Sold
Apr 4, 2006 Listed $585,000
Listed
May 16, 2002 Sold
Premium
Sold
Feb 20, 2002 Listed $439,000
Listed

Property Highlights

Garage
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1871
  • Effective Year Built: 1871
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 10,100
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: SR10

Geography

  • Parcel: WELL M:027 R:006 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3234
  • Longitude: -71.2567

    Address

  • Full Address: 63 River St
  • Address - House Number: 63
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C007
  • 4-Digit Zip Code: 2001
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,127,800

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 1,210,371
  • High Value: 1,477,285
  • Low Value: 943,457

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $985,000
  • Assessed Land Value: $758,000
  • Assessed Improvements Value: $227,000

    Sales

  • Current Sale Recording Date: Jun 27, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 16, 2002
  • Previous Sale Amount: $434,000
  • 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:

$2,172,500

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4246 ft²

Average Home Age

48.6 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70360868

Frequently Asked Questions

When was property at 63 River Street built and last sold?
The property at 63 River Street was built in 1871 and last sold on Jan 1, 1970 for $564,000.
How much is this home worth?
The estimated value of the home located at 63 River Street is $610,202.
What are some comparable homes to 63 River Street?
There are currently no comparable homes to 63 River Street.
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