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Wellesley 02481
8 Windemere Rd
$1,400,000
● House - Off Market

8 Windemere Rd

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,500 Ft²
$2,552,609
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Amazing renovation/addition to classic, center entrance Colonial located in a highly desirable, walk-to-everything location. The gorgeous new, custom kitchen/family room has stainless appliances, a butler's pantry, breakfast nook and a gas fireplace. There is a living room with fireplace and spacious dining room; there are beautifully finished hardwoods throughout. On the second floor, the master suite has a walk-in closet and a luxury marble bath with radiant heat and a jet tub.  Four additional  bedrooms, one en suite, all with excellent storage. The yard is generous, private and level. Just completing the final touches so you can move right in and enjoy.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$414
Property Type
House
Property Taxes
$1,007
HOA Dues
-
Year Built
1941

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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 #71802983)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Mar 18, 2015 Listed by Pinnacle Residential $1,450,000
Listed by Pinnacle Residential
Jul 29, 2005 Sold
Premium
Sold
May 20, 2005 Listed by Pinnacle Residential $849,000
Listed by Pinnacle Residential
Dec 13, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 10
  • 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: 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: 11,000
  • Total Building Area: 3,662
  • Building Area: 3,662
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,662
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • 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: SR10

Geography

  • Parcel: WELL M:098 R:060 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3051
  • Longitude: -71.2855

    Address

  • Full Address: 8 Windemere Rd
  • Address - House Number: 8
  • Address - Street Name: Windemere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C012
  • 4-Digit Zip Code: 4821
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,719,800

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,175,387
  • High Value: 2,546,829
  • Low Value: 1,803,945

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,502,000
  • Assessed Land Value: $812,000
  • Assessed Improvements Value: $690,000

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 47100
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Amount: $837,000
  • 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:

$2,172,500

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4145 ft²

Average Home Age

51.4 years

Currently For Sale

59 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# 71802983

Frequently Asked Questions

When was property at 8 Windemere Road built and last sold?
The property at 8 Windemere Road was built in 1941 and last sold on Jan 1, 1970 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 8 Windemere Road is $1,470,351.
What are some comparable homes to 8 Windemere Road?
There are currently no comparable homes to 8 Windemere Road.
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