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Wellesley 02482
84 Wellesley Avenue
$825,000
● House - Off Market

84 Wellesley Avenue

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,390 Ft²
$1,436,626
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

New England-style Colonial with 4 bedroom 2.5 bathroom. Generous kitchen with a vaulted ceiling and skylight opens to the family room with fireplace. The second floor offers the 4 bedrooms, which includes a dramatic master offers vaulted ceiling, master bathroom and a walk in closet. Great finished lower level offers full windows for an abundance of natural light and sliders give access to the yard. There is a 2 car garage. Great location gives you easy access to brook path, library, center and high school.  hardwood floors through out with first floor recently refinished.
Unit Size
2,390 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$345
Property Type
House
Property Taxes
$785
HOA Dues
-
Year Built
1988

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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 #71840491)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jun 24, 2015 Sold
Premium
Sold
May 20, 2015 Listed by Hammond Residential $825,000
Listed by Hammond Residential
Jun 30, 2009 Sold
Premium
Sold
Mar 20, 2009 Listed by Hammond Residential $795,000
Listed by Hammond Residential
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 16
  • 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: 150
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,822
  • Total Building Area: 1,970
  • Building Area: 1,970
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,970
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000248
  • 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:031 S:
  • Municipality: WELLESLEY
  • Latitude: 42.2988
  • Longitude: -71.2811

    Address

  • Full Address: 84 Wellesley Ave
  • Address - House Number: 84
  • 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: $1,250,300

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 1,355,157
  • High Value: 1,564,006
  • Low Value: 1,146,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,092,000
  • Assessed Land Value: $833,000
  • Assessed Improvements Value: $259,000

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1525986
  • Previous Sale Recording Date: Jun 24, 2015
  • Previous Sale Amount: $825,000
  • Previous Sale Document Type: O
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

$671

Below Asking

0.01%

Average Days on Market

65

Average Home Size

4244 ft²

Average Home Age

53.4 years

Currently For Sale

56 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# 71840491

Frequently Asked Questions

When was property at 84 Wellesley Avenue built and last sold?
The property at 84 Wellesley Avenue was built in 1988 and last sold on Aug 31, 2023 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 84 Wellesley Avenue is $875,857.
What are some comparable homes to 84 Wellesley Avenue?
There are currently no comparable homes to 84 Wellesley Avenue.
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