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Wellesley 02481
71 Standish Road
$1,135,000
● House - Off Market

71 Standish Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,396 Ft²
$1,934,020
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Welcome to this classic 1941 colonial in the Standish Estates.  Ideally located in a wonderful neighborhood. Lovingly maintained and updated. Pride of ownership shines through.  Kitchen features gas cooking, granite counters, built in cabinets and a box bay window in the eating area. This opens to family room addition with cathedral ceiling and fireplace. A beautiful yard and patio are steps away. Sprinkler irrigation.  A sun room opens to the gracious living room with classic character and wood burning fireplace. Charming dining room flows to the kitchen. 4 bedrooms and 2 full baths complete the 2nd floor. Lower level with fireplace. Breezeway connects to 2 car attached garage. A commuter's dream.  Close to conservation land and trails. Just move right in and make this your home.
Unit Size
2,396 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$522
Property Type
House
Property Taxes
$931
HOA Dues
-
Year Built
1948

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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 #72255682)

Price History

Date / Event Date Event Price
Jan 31, 2018 Sold
Premium
Sold
Nov 15, 2017 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,250,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Dec 23, 2002 Sold
Premium
Sold
Sep 14, 2002 Listed by Don Baker Real Estate $349,000
Listed by Don Baker Real Estate
AGENT MUST ACCOMPANY BUYER IN ORDER TO RECEIVE COMPENSATON.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 15,089
  • Total Building Area: 2,097
  • Building Area: 2,097
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,097
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 404100

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:038 R:030 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3093
  • Longitude: -71.2582

    Address

  • Full Address: 71 Standish Rd
  • Address - House Number: 71
  • Address - Street Name: Standish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C011
  • 4-Digit Zip Code: 5318
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,403,800

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,515,550
  • High Value: 1,774,327
  • Low Value: 1,256,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,226,000
  • Assessed Land Value: $867,000
  • Assessed Improvements Value: $359,000

    Sales

  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8769
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

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4348 ft²

Average Home Age

50.1 years

Currently For Sale

59 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# 72255682

Frequently Asked Questions

When was property at 71 Standish Road built and last sold?
The property at 71 Standish Road was built in 1948 and last sold on Jan 1, 1970 for $1,135,000.
How much is this home worth?
The estimated value of the home located at 71 Standish Road is $1,270,581.
What are some comparable homes to 71 Standish Road?
There are currently no comparable homes to 71 Standish Road.
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