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Wellesley 02481
68 Chesterton Rd
$1,330,000
● House - Off Market

68 Chesterton Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,869 Ft²
$2,045,093
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Beautifully updated family home in coveted Bates school neighborhood. Open floor plan includes a sunfilled eat-in-kitchen with center island, granite counters & stainless steel appliances, adjoins a spacious family room with gas fireplace, cathedral ceiling and doors to a private backyard. Formal living room with fireplace and dining room with built in china cabinet.  There are 4 generous bedrooms including a master bedroom suite with full bath.  Finished lower level play room and exercise area. Walk up 3rd floor bonus room.  Lovely gardens and patio area for entertaining.
Unit Size
2,869 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$479
Property Type
House
Property Taxes
$1,125
HOA Dues
-
Year Built
1951

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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: 6 months ago (MLSPIN #72388414)

Price History

Date / Event Date Event Price
Nov 29, 2018 Sold
Premium
Sold
Sep 5, 2018 Listed by Coldwell Banker Residential Brokerage - Weston $1,375,000
Listed by Coldwell Banker Residential Brokerage - Weston
Jun 27, 2014 Sold
Premium
Sold
Apr 18, 2014 Listed by Coldwell Banker Residential Brokerage - Weston $1,299,000
Listed by Coldwell Banker Residential Brokerage - Weston
Dec 4, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • 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: 315
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,022
  • Total Building Area: 2,869
  • Building Area: 2,869
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,869
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:168 R:019 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3153
  • Longitude: -71.3124

    Address

  • Full Address: 68 Chesterton Rd
  • Address - House Number: 68
  • Address - Street Name: Chesterton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C025
  • 4-Digit Zip Code: 1128
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,495,400

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,939,245
  • High Value: 2,361,225
  • Low Value: 1,517,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,306,000
  • Assessed Land Value: $764,000
  • Assessed Improvements Value: $542,000

    Sales

  • Current Sale Recording Date: Nov 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 106164
  • Previous Sale Recording Date: Jun 27, 2014
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: O
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

65

Average Home Size

4306 ft²

Average Home Age

44.1 years

Currently For Sale

41 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: 6 months ago
Data Source: MLS PIN, MLS# 72388414

Frequently Asked Questions

When was property at 68 Chesterton Road built and last sold?
The property at 68 Chesterton Road was built in 1951 and last sold on Jan 1, 1970 for $1,330,000.
How much is this home worth?
The estimated value of the home located at 68 Chesterton Road is $1,412,181.
What are some comparable homes to 68 Chesterton Road?
There are currently no comparable homes to 68 Chesterton Road.
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