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Wellesley 02481
74 Suffolk Rd
$1,325,000
● House - Off Market

74 Suffolk Rd

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,150 Ft²
$2,821,997
RealtyHop Estimate
102.29%
Since Aug 1, 2012
MA-Boston
Primary Model

About This Property

Exceptional, Classic Wellesley Colonial, set on an idyllic half acre in desirable walk-to Upham School  neighborhood. This sparkling, Haynes-built home features a large, newly updated kitchen with dining area, lovely family room with built-ins overlooking the park-like grounds, fabulous newer baths, newer heating system and roof and much more!! Professionally landscaped yard includes lovely new deck, bluestone patio and irrigation system. Tasteful decor and gleaming hardwood floors throughout!!
Unit Size
3,150 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$443
Property Type
House
Property Taxes
$1,283
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #71383906)

Price History

Date / Event Date Event Price
Jul 31, 2012 Sold
Premium
Sold
May 16, 2012 Listed by Prudential Town and Country $1,395,000
Listed by Prudential Town and Country
May 11, 2007 Sold
Premium
Sold
Mar 28, 2007 Listed by Prudential Town and Country $1,495,000
Listed by Prudential Town and Country
Feb 15, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1983
  • Total Rooms: 9
  • 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: 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: 20,048
  • Total Building Area: 2,646
  • Building Area: 2,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,646
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000460
  • 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: SR20

Geography

  • Parcel: WELL M:133 R:040 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3141
  • Longitude: -71.3

    Address

  • Full Address: 74 Suffolk Rd
  • Address - House Number: 74
  • Address - Street Name: Suffolk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C071
  • 4-Digit Zip Code: 1236
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,987,700

    Appraisal Valuation

  • Standard Deviation: 0.1534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,475,027
  • High Value: 2,854,775
  • Low Value: 2,095,278

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,736,000
  • Assessed Land Value: $1,082,000
  • Assessed Improvements Value: $654,000

    Sales

  • Current Sale Recording Date: Jul 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000009
  • Previous Sale Recording Date: May 11, 2007
  • Previous Sale Amount: $1,500,000
  • Previous Sale Document Type: 27
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

65

Average Home Size

4237 ft²

Average Home Age

51.9 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71383906

Frequently Asked Questions

When was property at 74 Suffolk Road built and last sold?
The property at 74 Suffolk Road was built in 1957 and last sold on Jan 1, 1970 for $1,325,000.
How much is this home worth?
The estimated value of the home located at 74 Suffolk Road is $1,454,349.
What are some comparable homes to 74 Suffolk Road?
There are currently no comparable homes to 74 Suffolk Road.
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