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Wellesley 02481
81 Glen Rd
$1,170,000
● House - Off Market

81 Glen Rd

Wellesley, MA 02481
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,221 Ft²
$1,819,320
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

PRICE REDUCTION: Wellesley Farms. First time on the market in 35 years! This gracious center entrance Colonial, built in 1919, has all the charm, ceiling height, custom moldings and appeal of that era. Beautifully updated throughout, this 9 room, 5 bedroom, 2.5 bath home offers stunning eat-in kitchen and renovated baths. Well appointed kitchen features custom cabinetry, granite, U-Line wine refrigerator and Marvel ice maker. Fabulous 19x20 Mahogany deck offers wonderful outdoor living. Minutes to the Farms train station and easy access to all major routes. Central Air. Shown by appointment.
Unit Size
2,221 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$553
Property Type
House
Property Taxes
$795
HOA Dues
-
Year Built
1924

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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: 5 months ago (MLSPIN #72328534)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,229,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.
Jul 2, 1991 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 11,501
  • Total Building Area: 2,221
  • Building Area: 2,221
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,221
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000264
  • 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: SR10

Geography

  • Parcel: WELL M:051 R:003 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3236
  • Longitude: -71.2697

    Address

  • Full Address: 81 Glen Rd
  • Address - House Number: 81
  • Address - Street Name: Glen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C017
  • 4-Digit Zip Code: 1635
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,461,000

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,673,230
  • High Value: 1,958,930
  • Low Value: 1,387,530

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,276,000
  • Assessed Land Value: $778,000
  • Assessed Improvements Value: $498,000

    Sales

  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 73280
  • Previous Sale Recording Date: Jul 02, 1991
  • Previous Sale Amount: $315,000
  • 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

$669

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4246 ft²

Average Home Age

48.6 years

Currently For Sale

58 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: 5 months ago
Data Source: MLS PIN, MLS# 72328534

Frequently Asked Questions

When was property at 81 Glen Road built and last sold?
The property at 81 Glen Road was built in 1924 and last sold on Jan 1, 1970 for $1,170,000.
How much is this home worth?
The estimated value of the home located at 81 Glen Road is $1,236,996.
What are some comparable homes to 81 Glen Road?
There are currently no comparable homes to 81 Glen Road.
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