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Wellesley 02482
75 High Ledge Ave
$583,000
● House - Off Market

75 High Ledge Ave

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,008 Ft²
$767,189
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

Fantastic 3 bedroom home in Wellesley! Beautifully updated kitchen (2014) with granite counters, white shaker cabinets, kitchen island, eat-in dining area and stainless steel appliances. The home boasts a generous living space with a fireplace, hardwood floors, and excellent closet space throughout. Bathroom is cleanly renovated (2014) with modern subway tiling and finishes. The home has tremendous upgrade potential with a full walk-out basement and possibility to add a second level. Includes one car garage parking. Amazing location with easy access to all major routes. Enjoy the privacy this home provides and all Wellesley has to offer!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$595
Property Type
House
Property Taxes
$656
HOA Dues
-
Year Built
1963

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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 #72662397)

Price History

Date / Event Date Event Price
Nov 6, 2020 Sold
Premium
Sold
May 27, 2020 Listed by RE/MAX Executive Realty $599,900
Listed by RE/MAX Executive Realty
Oct 30, 2013 Sold
Premium
Sold
Aug 12, 2013 Listed by RE/MAX Executive Realty $425,000
Listed by RE/MAX Executive Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,462
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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:203 R:045 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3128
  • Longitude: -71.3276

    Address

  • Full Address: 75 High Ledge Ave
  • Address - House Number: 75
  • Address - Street Name: High Ledge
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C026
  • 4-Digit Zip Code: 1042
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $936,600

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 994,523
  • High Value: 1,145,925
  • Low Value: 843,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $818,000
  • Assessed Land Value: $770,000
  • Assessed Improvements Value: $48,000

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1460397
  • Previous Sale Recording Date: Oct 30, 2013
  • Previous Sale Amount: $451,000
  • 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

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4244 ft²

Average Home Age

53.4 years

Currently For Sale

56 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# 72662397

Frequently Asked Questions

When was property at 75 High Ledge Avenue built and last sold?
The property at 75 High Ledge Avenue was built in 1963 and last sold on Oct 9, 2020 for $583,000.
How much is this home worth?
The estimated value of the home located at 75 High Ledge Avenue is $604,936.
What are some comparable homes to 75 High Ledge Avenue?
There are currently no comparable homes to 75 High Ledge Avenue.
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