$550,000
●
Condo -
Off Market
7 Edgemoor Circle #4
Wellesley, MA 02482
3 Beds
3 Baths,
1
Half Bath
1,750 Ft²
$971,919
RealtyHop Estimate
76.71%
Since May 1, 2005
MA-Boston
Primary Model
About This Property
Only 3 units left!! Lightfilled, sparkling new townhouses with tall
ceilings, fireplaces, maple kitchens with Corian countertops, a
study or den and central air conditioning. A most convenient
location at Wellesley's western gateway: The Residences at
Wellesley Brookmeadow.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$314
Property Type
Condo
Property Taxes
-
HOA Dues
$250
Year Built
2003
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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 years ago (MLSPIN #70087889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2005 | Sold | ||
| Sold | |||
| Sep 9, 2004 | Listed by Pinnacle Residential | $550,000 | |
| Listed by Pinnacle Residential | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Level: First
Level: Second
Level: Second
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full
Level: Second
Level: First
Features: Flooring - Hardwood
Level: Second
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Den
Appliances: Range, Dishwasher, Disposal, Electric Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Carpet
Laundry Features: First Floor
Rooms: 7
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Deeded
Garage Spaces: 1
Exterior Details
Entry Level: 2
Security Features: Other
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Residences At Wellesley Brookmeadow
Structure Type: Townhouse, House
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Modular
Patio and Porch Features: Porch
Lead Paint: None
Lot Size Area: 1.54
Lot Size Units: Acres
Lot Size Acres: 1.54
Zoning: COM PERMIT
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $250
Community Features: Public Transportation, Shopping, Park
Management: Professional - Off Site
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/13/2017
|
3 Bed
|
2 Bath
|
1738 ft²
|
$675,000
3 Bed
2 Bath
1738 ft²
|
$667,000
-1.19%
09/01/2017
|
Debi Benoit
Gibson Sotheby's International Realty
| |
|
02/24/2007
|
3 Bed
|
3 Bath
|
1738 ft²
|
$549,000
3 Bed
3 Bath
1738 ft²
|
$540,000
-1.64%
08/31/2007
|
John Kenney
William Raveis R.E. & Home Services
| |
|
09/09/2004
|
3 Bed
|
3 Bath
|
1750 ft²
|
$550,000
3 Bed
3 Bath
1750 ft²
|
$550,000
04/22/2005
|
Stephen Burtt
Pinnacle Residential
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017