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Wellesley 02481
7 Pilgrim Rd
$1,775,000
● House - Off Market

7 Pilgrim Rd

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
4,600 Ft²
$2,885,031
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model

About This Property

Open, bright and airy new home in popular Bates area neighborhood. Impressive entry foyer, large living room open to dining room- a layout perfect for entertaining. The fireplace family room opens to gorgeous chef's kitchen with walk-in pantry and Thermador appliances. Oversized master suite with separate office, dressing or work-out room.  Four bedrooms upstairs plus a private fifth with bath in the lower level offering plenty of space to be together or apart. Charming and walkable neighborhood near Fells Market, Perrin Park, and less than one mile to Wellesley Square and train.   A fabulous home and location-- Ready for occupancy early 2017!
Unit Size
4,600 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$390
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
2016

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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 #72108485)

Price History

Date / Event Date Event Price
Mar 15, 2017 Sold
Premium
Sold
Jan 13, 2017 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $1,795,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Apr 15, 2016 Sold
Premium
Sold
Mar 9, 2016 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $799,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • 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: 10,271
  • Total Building Area: 3,756
  • Building Area: 3,756
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,756
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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:181 R:097 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3076
  • Longitude: -71.3142

    Address

  • Full Address: 7 Pilgrim Rd
  • Address - House Number: 7
  • Address - Street Name: Pilgrim
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C030
  • 4-Digit Zip Code: 2426
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,947,600

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,534,082
  • High Value: 2,966,771
  • Low Value: 2,101,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,701,000
  • Assessed Land Value: $768,000
  • Assessed Improvements Value: $933,000

    Sales

  • Current Sale Recording Date: Mar 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22402
  • Previous Sale Recording Date: Apr 15, 2016
  • Previous Sale Amount: $807,300
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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# 72108485

Frequently Asked Questions

When was property at 7 Pilgrim Road built and last sold?
The property at 7 Pilgrim Road was built in 2016 and last sold on Jan 1, 1970 for $1,775,000.
How much is this home worth?
The estimated value of the home located at 7 Pilgrim Road is $1,816,248.
What are some comparable homes to 7 Pilgrim Road?
There are currently no comparable homes to 7 Pilgrim Road.
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