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Wellesley 02482
7 Maurice Rd
$590,000
● House - Off Market

7 Maurice Rd

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,528 Ft²
$1,273,441
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Builders/renovators, bring your plans! Center entrance, through hall 3 bedroom Colonial on 11,665 sf lot in Sprague neighborhood.  Built in 1942, this home features 6 well-proportioned rooms. Attached 1 car garage. Enjoy close proximity to Wellesley's finest new shops, restaurants, + commuter rail. Priced to sell "as is," under assessment. A diamond in the rough!
Unit Size
1,528 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$405
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1942

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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 #70948827)

Price History

Date / Event Date Event Price
Aug 28, 2009 Sold
Premium
Sold
Jul 17, 2009 Listed by Advisors Living - Wellesley $619,000
Listed by Advisors Living - Wellesley

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 2009
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 11,719
  • Total Building Area: 3,146
  • Building Area: 3,146
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,146
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000269
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:149 R:034 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3012
  • Longitude: -71.303

    Address

  • Full Address: 7 Maurice Rd
  • Address - House Number: 7
  • Address - Street Name: Maurice
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C050
  • 4-Digit Zip Code: 4652
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,508,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,694,493
  • High Value: 1,984,777
  • Low Value: 1,404,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,317,000
  • Assessed Land Value: $822,000
  • Assessed Improvements Value: $495,000

    Sales

  • Current Sale Recording Date: Aug 28, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 97985
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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4208 ft²

Average Home Age

50.1 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70948827

Frequently Asked Questions

When was property at 7 Maurice Road built and last sold?
The property at 7 Maurice Road was built in 1942 and last sold on Jan 1, 1970 for $590,000.
How much is this home worth?
The estimated value of the home located at 7 Maurice Road is $0.
What are some comparable homes to 7 Maurice Road?
There are currently no comparable homes to 7 Maurice Road.
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