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Wellesley 02482
82 Wellesley Ave
$724,000
● House - Off Market

82 Wellesley Ave

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,668 Ft²
$934,679
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Charming 3 bed, 1 ½ bath Antique Colonial with high ceilings and lovely details being offered for the first time in over 40 years. Wonderful opportunity for a lucky new owner to make it their own. The sunny eat-in kitchen has windows overlooking the flat backyard and adjoins a walk-in pantry and mudroom area.  The living and dining rooms are generously sized with multiple windows and hardwood floors. The second floor offers 3 bedrooms and full bathroom. Explore the attic space and imagine the expansion potential. Improvements include a 2 year old roof and Trex deck. The location offers close proximity to Wellesley retail shops and restaurants, the Brook Path, public transportation and commuting routes. Easy to show!
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$435
Property Type
House
Property Taxes
$748
HOA Dues
-
Year Built
1852

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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: 4 months ago (MLSPIN #72709142)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Aug 13, 2020 Listed by Coldwell Banker Realty - Wellesley $725,000
Listed by Coldwell Banker Realty - Wellesley

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1852
  • Effective Year Built: 1852
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 7,375
  • Total Building Area: 1,668
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • 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:088 R:030 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2986
  • Longitude: -71.2814

    Address

  • Full Address: 82 Wellesley Ave
  • Address - House Number: 82
  • Address - Street Name: Wellesley
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C055
  • 4-Digit Zip Code: 6634
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $976,700

    Appraisal Valuation

  • Standard Deviation: 0.2155
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 1,104,843
  • High Value: 1,342,978
  • Low Value: 866,709

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $853,000
  • Assessed Land Value: $772,000
  • Assessed Improvements Value: $81,000

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1459714
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:

$2,149,500

Sale Price/ft²

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4381 ft²

Average Home Age

49.4 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: 4 months ago
Data Source: MLS PIN, MLS# 72709142

Frequently Asked Questions

When was property at 82 Wellesley Avenue built and last sold?
The property at 82 Wellesley Avenue was built in 1852 and last sold on Oct 19, 2020 for $724,000.
How much is this home worth?
The estimated value of the home located at 82 Wellesley Avenue is $756,212.
What are some comparable homes to 82 Wellesley Avenue?
There are currently no comparable homes to 82 Wellesley Avenue.
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