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Wellesley 02481
9 Bay State Road
Photo of 9 Bay State Road
Sold on Mar 15, 2005

1

Map

$2,250,000
● House - Off Market

9 Bay State Road

Wellesley, MA 02481
bedrooms
6 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
6,000 Ft²
$4,461,429
RealtyHop Estimate
78.81%
Since Apr 1, 2005
MA-Boston
Primary Model

About This Property

Very impressive nearly new Colonial has outstanding proportions and custom details. Truly elegant living and dining rooms, open kitchen/family room, library, six bedrooms and a finished third floor. Architecturally distinctive and beautiful. Superb lot abuts conservation. Wellesley Farms location.
Unit Size
6,000 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$416
Property Type
House
Property Taxes
$1,547
HOA Dues
-
Year Built
2002

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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: 5 months ago (MLSPIN #70086946)

Price History

Date / Event Date Event Price
Jul 9, 2007 Sold
Premium
Sold
Feb 28, 2007 Listed $2,399,000
Listed
Mar 15, 2005 Sold
Premium
Sold
Sep 8, 2004 Listed $2,495,000
Listed
Jun 17, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 300
  • 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: 24,222
  • Total Building Area: 5,543
  • Building Area: 5,543
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,543
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY
  • Land Acres: 0000000556
  • 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: SR15

Geography

  • Parcel: WELL M:043 R:026 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3205
  • Longitude: -71.2654

    Address

  • Full Address: 9 Bay State Rd
  • Address - House Number: 9
  • Address - Street Name: Bay State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C038
  • 4-Digit Zip Code: 3243
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,750,300

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 3,326,666
  • High Value: 3,723,708
  • Low Value: 2,929,624

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,402,000
  • Assessed Land Value: $1,052,000
  • Assessed Improvements Value: $1,350,000

    Sales

  • Current Sale Recording Date: Jul 09, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 122844
  • Previous Sale Recording Date: Mar 15, 2005
  • Previous Sale Amount: $2,250,000
  • 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70086946

Frequently Asked Questions

When was property at 9 Bay State Road built and last sold?
The property at 9 Bay State Road was built in 2002 and last sold on Jan 1, 1970 for $2,300,000.
How much is this home worth?
The estimated value of the home located at 9 Bay State Road is $2,415,272.
What are some comparable homes to 9 Bay State Road?
There are currently no comparable homes to 9 Bay State Road.
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