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Wellesley 02482
74 Leighton Road
$1,070,000
● House - Off Market

74 Leighton Road

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,331 Ft²
$1,586,347
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Location, location, location!  EASY & SAFE TO SHOW! HOUSE IS EMPTY.  This lovely Dana Hall neighborhood home overlooking the Brook Path is ready for your updates.  Built in 1930, this 2,300 plus square foot center entrance colonial home has 4 bedrooms, 2.5 bathrooms, all hardwood floors, a fireplaced front-to-back living room with built-ins, sunny dining room and plenty of closet space. Enjoy the tranquility the Brook Path offers in your 3-season glass sunroom or your private deck off the kitchen. Walk to school, town, train, and steps from Nehoiden golf course.  This is a perfect opportunity to customize your dream home in one of Wellesley's coveted locations. Home is an estate sale and is being sold as-is.  Buyer to complete all due diligence.
Unit Size
2,331 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$513
Property Type
House
Property Taxes
$961
HOA Dues
-
Year Built
1931

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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 #72631970)

Price History

Date / Event Date Event Price
Aug 3, 2020 Sold
Premium
Sold
Mar 11, 2020 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $1,195,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 2021
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 9,258
  • Total Building Area: 2,599
  • Building Area: 2,599
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,599
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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: 404400

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:126 R:012 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2877
  • Longitude: -71.2937

    Address

  • Full Address: 74 Leighton Rd
  • Address - House Number: 74
  • Address - Street Name: Leighton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C054
  • 4-Digit Zip Code: 6953
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,026,700

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,983,096
  • High Value: 2,322,820
  • Low Value: 1,643,371

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,770,000
  • Assessed Land Value: $948,000
  • Assessed Improvements Value: $822,000

    Sales

  • Current Sale Contract Date: Jul 23, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77623

    Financing

  • First Mortgage Financing Type: ADJ
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

4196 ft²

Average Home Age

52 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72631970

Frequently Asked Questions

When was property at 74 Leighton Road built and last sold?
The property at 74 Leighton Road was built in 1931 and last sold on Jul 23, 2020 for $1,070,000.
How much is this home worth?
The estimated value of the home located at 74 Leighton Road is $1,213,088.
What are some comparable homes to 74 Leighton Road?
There are currently no comparable homes to 74 Leighton Road.
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