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Wellesley 02481
9 Edgewater Dr
Photo of 9 Edgewater Dr
Sold on Nov 16, 2009

1

Map

$858,000
● House - Off Market

9 Edgewater Dr

Wellesley, MA 02481
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,283 Ft²
$1,821,636
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

Sun-filled cape with open floor plan in desirable "Farms" neighborhood. First floor master and updated baths. Spacious kitchen/family room with fireplace opens to deck and beautiful private grounds overlooking golf course. Walk to Farms train, quick access to commuting routes. Easy living plus great expansion potential!
Unit Size
2,283 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$383
Property Type
House
Property Taxes
$657
HOA Dues
-
Year Built
1956

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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 #70978283)

Price History

Date / Event Date Event Price
Nov 17, 2009 Sold
Premium
Sold
Sep 21, 2009 Listed $875,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2015
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,180
  • Total Building Area: 4,739
  • Building Area: 4,739
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,739
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENWELL FARMS
  • Land Acres: 0000000348
  • 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:051 R:045 S:
  • Municipality: WELLESLEY
  • Latitude: 42.327
  • Longitude: -71.2698

    Address

  • Full Address: 9 Edgewater Dr
  • Address - House Number: 9
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C017
  • 4-Digit Zip Code: 1617
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,070,200

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,715,073
  • High Value: 3,135,582
  • Low Value: 2,294,565

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,808,000
  • Assessed Land Value: $869,000
  • Assessed Improvements Value: $939,000

    Sales

  • Current Sale Recording Date: Nov 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 126622

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70978283

Frequently Asked Questions

When was property at 9 Edgewater Drive built and last sold?
The property at 9 Edgewater Drive was built in 1956 and last sold on Jan 1, 1970 for $858,000.
How much is this home worth?
The estimated value of the home located at 9 Edgewater Drive is $919,047.
What are some comparable homes to 9 Edgewater Drive?
There are currently no comparable homes to 9 Edgewater Drive.
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