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Wellesley 02482
7 Upson Road
$865,000
● House - Off Market

7 Upson Road

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,762 Ft²
$1,324,100
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

Imagine living in an authentic MID-CENTURY MODERN house in Wellesley! Built in 1959 and situated on almost a 1/2 acre of woodlands, surrounded on two sides by a beautiful babbling brook, this house has a contemporary open floor plan. Combined living room, dining room and kitchen with high ceilings huge walls of windows and a private deck taking in the natural setting. The master bedroom is on a level of it's own, with a dressing room, full bath and a door leading out to a private terrace. On the top level are two bedrooms, a full bath and a family room (which could easily be converted into a 4th bedroom). This house has many original mid-century details such as "butterfly" roof design, HUGE windows, oak kitchen cabinets and mahogany paneling. This is truly a one of a kind property YOU HAVE TO SEE IT TO BELIEVE IT!
Unit Size
1,762 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$527
Property Type
House
Property Taxes
$923
HOA Dues
-
Year Built
1959

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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 #72457865)

Price History

Date / Event Date Event Price
Jul 17, 2019 Sold
Premium
Sold
Feb 27, 2019 Listed by Berkshire Hathaway HomeServices Town and Country Real Estate $929,000
Listed by Berkshire Hathaway HomeServices Town and Country Real Estate
Aug 27, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • 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: 384
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,441
  • Total Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000469
  • 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:198 R:007 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3102
  • Longitude: -71.3249

    Address

  • Full Address: 7 Upson Rd
  • Address - House Number: 7
  • Address - Street Name: Upson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 2233
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,204,500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,309,102
  • High Value: 1,533,365
  • Low Value: 1,084,840

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,052,000
  • Assessed Land Value: $870,000
  • Assessed Improvements Value: $182,000

    Sales

  • Current Sale Contract Date: Jul 05, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1425757
  • Previous Sale Recording Date: Aug 27, 2013
  • Previous Sale Amount: $759,000
  • Previous Sale Document Type: O
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

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4218 ft²

Average Home Age

51.3 years

Currently For Sale

58 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# 72457865

Frequently Asked Questions

When was property at 7 Upson Road built and last sold?
The property at 7 Upson Road was built in 1959 and last sold on Jul 5, 2019 for $865,000.
How much is this home worth?
The estimated value of the home located at 7 Upson Road is $946,943.
What are some comparable homes to 7 Upson Road?
There are currently no comparable homes to 7 Upson Road.
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