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Wellesley 02481
9 Standish Road
$950,000
● House - Off Market

9 Standish Road

Wellesley, MA 02481
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,741 Ft²
$1,211,000
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Located in a coveted Wellesley neighborhood, this 1940 Royal Barry Wills house offers an opportunity to update a 4 bedroom, 2.5 bathroom home with your personal finishes. The living room has a wood burning fireplace which leads to a family room/office/den and a sunny dining room for entertaining. The kitchen features a gas cooktop with granite counters and a breakfast table. 4 bedrooms are located on the second floor with one bedroom on suite, ample closet spaces and a walk up attic for additional storage. Fabulous lot, hardwood floors, full basement, gas heat, central air, built-ins and attached garage. Close to Longfellow Pond, Centennial Park, commuter rail and routes. Home is being sold "as is", buyer and buyer's agent to do their own due diligence. A diamond in the rough!
Unit Size
1,741 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$686
Property Type
House
Property Taxes
$894
HOA Dues
-
Year Built
1940

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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 #72963887)

Price History

Date / Event Date Event Price
May 26, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Coldwell Banker Realty - Weston $1,195,000
Listed by Coldwell Banker Realty - Weston

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1995
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,540
  • Total Building Area: 1,741
  • Building Area: 1,741
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,741
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000242
  • 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: 404100

Zoning

  • Zoning: SR15

Geography

  • Parcel: WELL M:037 R:047 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3131
  • Longitude: -71.2608

    Address

  • Full Address: 9 Standish Rd
  • Address - House Number: 9
  • Address - Street Name: Standish
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley Hills
  • Carrier Code: C011
  • 4-Digit Zip Code: 5317
  • Zip Code: 02481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,196,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,178,287
  • High Value: 1,382,589
  • Low Value: 973,985

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,045,000
  • Assessed Land Value: $805,000
  • Assessed Improvements Value: $240,000

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 46402

    Financing

  • First Mortgage Financing Type: ADJ
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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72963887

Frequently Asked Questions

When was property at 9 Standish Road built and last sold?
The property at 9 Standish Road was built in 1940 and last sold on May 26, 2022 for $950,000.
How much is this home worth?
The estimated value of the home located at 9 Standish Road is $1,185,020.
What are some comparable homes to 9 Standish Road?
There are currently no comparable homes to 9 Standish Road.
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