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Wellesley 02481
72 Emerson Road
$997,800
● House - Off Market

72 Emerson Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,222 Ft²
$1,994,676
RealtyHop Estimate
82.16%
Since Jan 1, 2015
MA-Boston
Primary Model

About This Property

Classic center entrance 4 bedroom Col.in Poet's Corner. Large, welcoming foyer w spacious dining rm and front to back fireplaced living rm. First flr den/office. Kitchen w built-in desk and large eat-in area/breakfast room. Second back staircase from kitchen leading to bedrooms. Two large lower level rooms with fresh paint and new carpets plus great storage. Very private back yard with mature plantings, stone patio and a storage shed. 2 car garage. This is a wonderful home in a fabulous neighborhood.
Unit Size
2,222 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$493
Property Type
House
Property Taxes
$914
HOA Dues
-
Year Built
1939

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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 #71701796)

Price History

Date / Event Date Event Price
Dec 4, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,539,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Dec 12, 2014 Sold
Premium
Sold
Jun 19, 2014 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,095,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Total Rooms: 10
  • 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: 14,690
  • Total Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000337
  • 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:029 R:067 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3167
  • Longitude: -71.2555

    Address

  • Full Address: 72 Emerson Rd
  • Address - House Number: 72
  • Address - Street Name: Emerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C008
  • 4-Digit Zip Code: 3421
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,742,700

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,802,103
  • High Value: 2,109,808
  • Low Value: 1,494,398

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,522,000
  • Assessed Land Value: $1,040,000
  • Assessed Improvements Value: $482,000

    Sales

  • Current Sale Contract Date: Nov 27, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1462773
  • Previous Sale Recording Date: Dec 12, 2014
  • Previous Sale Amount: $997,800
  • 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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4171 ft²

Average Home Age

51.8 years

Currently For Sale

60 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# 71701796

Frequently Asked Questions

When was property at 72 Emerson Road built and last sold?
The property at 72 Emerson Road was built in 1939 and last sold on Nov 27, 2020 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 72 Emerson Road is $1,586,638.
What are some comparable homes to 72 Emerson Road?
There are currently no comparable homes to 72 Emerson Road.
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