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Wellesley 02482
79 Manor Avenue
$700,000
● House - Off Market

79 Manor Avenue

Wellesley, MA 02482
bedrooms
2 Beds
bathrooms
1 Bath
square feet
770 Ft²
$1,299,236
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Charming, updated and well-maintained 2 bedroom Cape on a prime 10,000 sq ft level lot.  Home features one floor living which includes 2 bedrooms, master with gas fireplace, full bathroom, natural, brightly lit living room, cozy kitchen, laundry room and insulated garage.  French doors lead to the patio and yard with beautiful gardens.  Recent renovations include new Andersen Windows, insulation in attic, wall air conditioners in living room and master bedroom, 6-month-old Maytag refrigerator, new paint in all rooms and new ceilings in living room and both bedrooms.  Located in commuter location providing easy access to all major highways and all that Wellesley has to offer.
Unit Size
770 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$960
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
2016

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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 #71922698)

Price History

Date / Event Date Event Price
Oct 6, 2021 Sold
Premium
Sold
Aug 25, 2021 Listed by Hammond Residential $1,980,000
Listed by Hammond Residential
Jan 25, 2018 Sold
Premium
Sold
Dec 11, 2015 Sold
Premium
Sold
Oct 22, 2015 Listed by Hammond Residential $739,000
Listed by Hammond Residential

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • 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: 10,000
  • Total Building Area: 3,590
  • Building Area: 3,590
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,590
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:198 R:059 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3142
  • Longitude: -71.3243

    Address

  • Full Address: 79 Manor Ave
  • Address - House Number: 79
  • Address - Street Name: Manor
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C019
  • 4-Digit Zip Code: 1028
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,204,100

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,557,472
  • High Value: 2,995,593
  • Low Value: 2,119,351

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,925,000
  • Assessed Land Value: $763,000
  • Assessed Improvements Value: $1,162,000

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 06, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 129135
  • Previous Sale Recording Date: Jan 25, 2018
  • Previous Sale Amount: $1,700,000
  • 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

4280 ft²

Average Home Age

52.9 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# 71922698

Frequently Asked Questions

When was property at 79 Manor Avenue built and last sold?
The property at 79 Manor Avenue was built in 2016 and last sold on Oct 6, 2021 for $2,125,000.
How much is this home worth?
The estimated value of the home located at 79 Manor Avenue is $2,112,774.
What are some comparable homes to 79 Manor Avenue?
There are currently no comparable homes to 79 Manor Avenue.
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