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Wellesley 02481
8 Sagamore Road
Photo of 8 Sagamore Road
Sold on Mar 3, 2011

1

Map

$1,200,000
● House - Off Market

8 Sagamore Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,296 Ft²
$2,721,253
RealtyHop Estimate
117.70%
Since Apr 1, 2011
MA-Boston
Primary Model

About This Property

Classic 1930's Center Entrance Colonial. 4 bedrooms, 3.5 bathrooms with family room off the kitchen. Additional first floor bedroom and bathroom, off the updated kitchen. Gracious presentation of well proportional rooms. Well maintained and suitable for easy expansion on almost ½ acre of a well landscaped lot. Exceptionally attractive curb appeal in highly desired Cliff Estates neighborhood.
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$544
Property Type
House
Property Taxes
$1,072
HOA Dues
-
Year Built
1938

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (MLSPIN #71156689)

Price History

Date / Event Date Event Price
Mar 4, 2011 Sold
Premium
Sold
Oct 29, 2010 Listed by Hammond Residential $1,250,000
Listed by Hammond Residential

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2016
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,176
  • Total Building Area: 4,384
  • Building Area: 4,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000486
  • 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: 404201

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:108 R:003 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3106
  • Longitude: -71.2893

    Address

  • Full Address: 8 Sagamore Rd
  • Address - House Number: 8
  • Address - Street Name: Sagamore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C036
  • 4-Digit Zip Code: 2814
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,375,900

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 2,877,580
  • High Value: 3,221,024
  • Low Value: 2,534,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,075,000
  • Assessed Land Value: $1,027,000
  • Assessed Improvements Value: $1,048,000

    Sales

  • Current Sale Recording Date: Mar 04, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000122
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:

$2,172,500

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4133 ft²

Average Home Age

48.3 years

Currently For Sale

53 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: 11 months ago
Data Source: MLS PIN, MLS# 71156689

Frequently Asked Questions

When was property at 8 Sagamore Road built and last sold?
The property at 8 Sagamore Road was built in 1938 and last sold on Jan 1, 1970 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 8 Sagamore Road is $0.
What are some comparable homes to 8 Sagamore Road?
There are currently no comparable homes to 8 Sagamore Road.
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