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Wellesley 02482
8 Hodges Avenue
$1,645,000
● House - Off Market

8 Hodges Avenue

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,280 Ft²
$2,382,854
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

In the treasured Woodlands neighborhood.  Convenient to Town, train and trails.  This charming, expansive colonial was thoughtfully expanded to include 4 floors of living.  Gracious spaces in the right places.  Grand great room becomes the heart of this home.  Viking and Bosch kitchen appliances.  Hardwood floors on 3 levels.  11 rooms plus basement allow for flexible usage.  5 or 6 bedrooms, 3 1/2 full baths.  2 car garage has additional tandem space to accommodate all the extras.
Unit Size
4,280 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$401
Property Type
House
Property Taxes
$1,015
HOA Dues
-
Year Built
1999

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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 #72561828)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,999,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Mar 20, 2020 Sold
Premium
Sold
Sep 10, 2019 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,715,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
May 17, 1999 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 11
  • Bedroom Count: 5
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 480
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,606
  • Total Building Area: 3,542
  • Building Area: 3,542
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,542
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000243
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:172 R:054 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2993
  • Longitude: -71.3091

    Address

  • Full Address: 8 Hodges Ave
  • Address - House Number: 8
  • Address - Street Name: Hodges
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C049
  • 4-Digit Zip Code: 4431
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,869,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,233,177
  • High Value: 2,615,743
  • Low Value: 1,850,611

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,633,000
  • Assessed Land Value: $806,000
  • Assessed Improvements Value: $827,000

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 152465
  • Previous Sale Recording Date: Mar 20, 2020
  • Previous Sale Contract Date: Mar 17, 2020
  • Previous Sale Amount: $1,645,000
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72561828

Frequently Asked Questions

When was property at 8 Hodges Avenue built and last sold?
The property at 8 Hodges Avenue was built in 1999 and last sold on Dec 3, 2021 for $2,010,000.
How much is this home worth?
The estimated value of the home located at 8 Hodges Avenue is $2,007,981.
What are some comparable homes to 8 Hodges Avenue?
There are currently no comparable homes to 8 Hodges Avenue.
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