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Wellesley 02482
9 Marvin Rd
$1,900,000
● House - Off Market

9 Marvin Rd

Wellesley, MA 02482
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,532 Ft²
$1,682,585
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

It doesn't get better than this! Classic center entrance colonial in the heart of Dana Hall neighborhood featuring updated kitchen w/ stone counters and stainless steel appliances which open to a fireplaced family room with front-to-back natural light and access to a lovely patio for easy entertaining. A  formal living room with fireplace, dining room with built-in china cabinet and powder room completes the first floor.  A master bedroom with ensuite bath and generous walk-in-closet welcomes you to the 2nd floor with 3 additional bedrooms and full bath. Third floor boasts a wonderful home office and there's a finished playroom in the basement. 2-car garage, central air and underground sprinklers. This home is steps from the Brook Path, close to town, train and schools. Your search is over!
Unit Size
2,532 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$652
Property Type
House
Property Taxes
$1,285
HOA Dues
-
Year Built
1936

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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 #72945452)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Feb 23, 2022 Listed by Rutledge Properties $1,650,000
Listed by Rutledge Properties
Mar 15, 1999 Sold
Premium
Sold
Jan 6, 1999 Listed by Rutledge Properties $739,900
Listed by Rutledge Properties
Sep 4, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 12,680
  • Total Building Area: 2,532
  • Building Area: 2,532
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 2,532
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • 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: 404400

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:100 R:038 S:
  • Municipality: WELLESLEY
  • Latitude: 42.296
  • Longitude: -71.2864

    Address

  • Full Address: 9 Marvin Rd
  • Address - House Number: 9
  • Address - Street Name: Marvin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C047
  • 4-Digit Zip Code: 6613
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,779,300

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,054,406
  • High Value: 2,371,018
  • Low Value: 1,737,793

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,554,000
  • Assessed Land Value: $905,000
  • Assessed Improvements Value: $649,000

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 33492
  • Previous Sale Recording Date: Mar 15, 1999
  • Previous Sale Amount: $715,000
  • 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:

$2,150,000

Sale Price/ft²

$670

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72945452

Frequently Asked Questions

When was property at 9 Marvin Road built and last sold?
The property at 9 Marvin Road was built in 1936 and last sold on Apr 15, 2022 for $1,900,000.
How much is this home worth?
The estimated value of the home located at 9 Marvin Road is $1,671,583.
What are some comparable homes to 9 Marvin Road?
There are currently no comparable homes to 9 Marvin Road.
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