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Wellesley 02481
7 Mansfield Rd
Photo of 7 Mansfield Rd
Sold on Dec 19, 2008

1

Map

$491,000
● House - Off Market

7 Mansfield Rd

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,182 Ft²
$1,040,758
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Lightfilled ranch with an open floor plan, fireplaced living room, and granite kitchen open to a spacious dining room. Finished lower level with fireplace and built ins. Generous closet and storage space throughout. Central air.  Popular Bates School District. A great opportunity to move to Wellesley!
Unit Size
1,182 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$415
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1953

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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 #70834071)

Price History

Date / Event Date Event Price
Dec 19, 2008 Sold
Premium
Sold
Oct 13, 2008 Listed $490,000
Listed
Jun 27, 2007 Sold
Premium
Sold
Mar 21, 2007 Listed $498,998
Listed
Nov 20, 2000 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,203
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,182
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000234
  • 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:158 R:019 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3063
  • Longitude: -71.3065

    Address

  • Full Address: 7 Mansfield Rd
  • Address - House Number: 7
  • Address - Street Name: Mansfield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C030
  • 4-Digit Zip Code: 2510
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $929,700

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 963,616
  • High Value: 1,173,299
  • Low Value: 753,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $812,000
  • Assessed Land Value: $728,000
  • Assessed Improvements Value: $84,000

    Sales

  • Current Sale Recording Date: Dec 19, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 114115
  • Previous Sale Recording Date: Jun 27, 2007
  • Previous Sale Amount: $475,000
  • 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:

$2,150,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4280 ft²

Average Home Age

52.9 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70834071

Frequently Asked Questions

When was property at 7 Mans Field Road built and last sold?
The property at 7 Mans Field Road was built in 1953 and last sold on Jan 1, 1970 for $491,000.
How much is this home worth?
The estimated value of the home located at 7 Mans Field Road is $510,948.
What are some comparable homes to 7 Mans Field Road?
There are currently no comparable homes to 7 Mans Field Road.
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