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Wellesley 02482
8 Skyline Dr
Photo of 8 Skyline Dr
Sold on Jul 1, 2009

1

Map

$810,000
● House - Off Market

8 Skyline Dr

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,359 Ft²
$1,743,025
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Fabulous opportunity to "move right in" to this spacious Colonial in convenient Wellesley location. Four generous bedrooms including a master with a bath, a fireplaced living room, and a front to back family room off a bright kitchen. A cozy three season porch off the living room gives easy access to fenced, nearly half acre private grounds . Many updates including new roof, triple pane energy efficient windows, newer boiler and more. Close to Boston Sports Club, Babson College and town center.
Unit Size
2,359 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$360
Property Type
House
Property Taxes
$802
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: 6 months ago (MLSPIN #70889911)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed $1,395,000
Listed
Jul 1, 2009 Sold
Premium
Sold
Mar 18, 2009 Listed $849,000
Listed
Nov 30, 2006 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 20,047
  • Total Building Area: 2,359
  • Building Area: 2,359
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,359
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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: 404202

Zoning

  • Zoning: SR20

Geography

  • Parcel: WELL M:068 R:018 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2941
  • Longitude: -71.2724

    Address

  • Full Address: 8 Skyline Dr
  • Address - House Number: 8
  • Address - Street Name: Skyline
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 7214
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,493,100

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,664,790
  • High Value: 1,949,985
  • Low Value: 1,379,594

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,304,000
  • Assessed Land Value: $1,082,000
  • Assessed Improvements Value: $222,000

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 156908
  • Previous Sale Recording Date: Jul 01, 2009
  • Previous Sale Amount: $810,000
  • 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:

$2,150,000

Sale Price/ft²

$669

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4301 ft²

Average Home Age

45.1 years

Currently For Sale

42 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: 6 months ago
Data Source: MLS PIN, MLS# 70889911

Frequently Asked Questions

When was property at 8 Skyline Drive built and last sold?
The property at 8 Skyline Drive was built in 1963 and last sold on Dec 15, 2021 for $1,425,000.
How much is this home worth?
The estimated value of the home located at 8 Skyline Drive is $1,395,526.
What are some comparable homes to 8 Skyline Drive?
There are currently no comparable homes to 8 Skyline Drive.
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