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Wellesley 02481
68 Standish Rd
$1,175,000
● House - Off Market

68 Standish Rd

Wellesley, MA 02481
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,574 Ft²
$1,163,467
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

**** OPEN HOUSES CANCELLED 10/1-10/2.  OFFER ACCEPTED.....Nestled amongst "Royal Barry Wills" Capes and Colonials, this 1940s Cottage Style home is sure to surprise and delight. Reminiscent of the era's one-floor living, this home is beyond special. Two bedrooms/two baths, each in separate wings of the house, fireplaced Living Room, Kitchen, Dining Room, screened-in porch, finished Lower-Level playroom and laundry. Unique floor plan offers endless possibilities. Conforming corner lot in coveted Standish Estates neighborhood lends itself to rebuild, renovate, or expand. Opportunity awaits.  A SMALL house with BIG potential!
Unit Size
1,574 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$696
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73041888)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Oct 2, 2022 In contract -
In contract
Sep 28, 2022 Listed by Coldwell Banker Realty - Wellesley $1,095,000
Listed by Coldwell Banker Realty - Wellesley

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,064
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: SR15

Geography

  • Parcel: WELL M:038 R:039 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3096
  • Longitude: -71.2578

    Address

  • Full Address: 68 Standish Rd
  • Address - House Number: 68
  • Address - Street Name: Standish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C011
  • 4-Digit Zip Code: 5330
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,092,300

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,187,613
  • High Value: 1,369,830
  • Low Value: 1,005,395

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $954,000
  • Assessed Land Value: $866,000
  • Assessed Improvements Value: $88,000

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Oct 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92812
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

4348 ft²

Average Home Age

50.1 years

Currently For Sale

59 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# 73041888

Frequently Asked Questions

When was property at 68 Standish Road built and last sold?
The property at 68 Standish Road was built in 1949 and last sold on Oct 26, 2022 for $1,175,000.
How much is this home worth?
The estimated value of the home located at 68 Standish Road is $1,125,136.
What are some comparable homes to 68 Standish Road?
There are currently no comparable homes to 68 Standish Road.
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