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Wellesley 02481
9 Commonwealth Park
$1,210,000
● House - Off Market

9 Commonwealth Park

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,968 Ft²
$1,866,045
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Handsomely sited on a tranquil lot at the end of a private cul-de-sac, this lovingly maintained colonial offers 4 bedrooms, 2.5 baths, FRP LR, DR, Eat-In-Kitchen, C/A, and 2 car garage.  Desirable Farms' location minutes to Farms' Commuter Rail, MA Pike, Shops, Library,Recreation and all commuter Rte's.  First time on the market in nearly 50 years.  Endless Possibilities
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$539
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
2016

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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 #71800419)

Price History

Date / Event Date Event Price
May 20, 2015 Sold
Premium
Sold
Mar 12, 2015 Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St. $1,060,000
Listed by Coldwell Banker Residential Brokerage - Wellesley - Central St.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 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: 23,077
  • Total Building Area: 4,341
  • Building Area: 4,341
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,341
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000530
  • 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:052 R:055 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3194
  • Longitude: -71.2662

    Address

  • Full Address: 9 Commonwealth Park
  • Address - House Number: 9
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Park
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C038
  • 4-Digit Zip Code: 3213
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,128,100

    Appraisal Valuation

  • Standard Deviation: 0.1193
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 87
  • Final Value: 3,784,637
  • High Value: 4,236,339
  • Low Value: 3,332,935

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,732,000
  • Assessed Land Value: $1,027,000
  • Assessed Improvements Value: $1,705,000

    Sales

  • Current Sale Recording Date: May 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 43190
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

4280 ft²

Average Home Age

52.9 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71800419

Frequently Asked Questions

When was property at 9 Commonwealth Park built and last sold?
The property at 9 Commonwealth Park was built in 2016 and last sold on Jan 1, 1970 for $1,210,000.
How much is this home worth?
The estimated value of the home located at 9 Commonwealth Park is $1,094,723.
What are some comparable homes to 9 Commonwealth Park?
There are currently no comparable homes to 9 Commonwealth Park.
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