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Wellesley 02482
9 West Riding Street
$1,070,000
● House - Off Market

9 West Riding Street

Wellesley, MA 02482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,629 Ft²
$1,505,948
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

A little bit of paradise in an arts and crafts designed and rebuilt  c.1900 carriage house in excellent condition. Located in a desirable "pocket location" on a private cul-de-sac on the Brook Path. Renovated in 2000, this special property has unique living space with one floor living on the second level. Open floor plan with soaring ceilings and lots of sunlight, fireplaced great room, granite kitchen and dining area with plenty of custom cabinets, master bedroom suite and spectacular solarium sitting room surrounded by green, leafy trees. Two more bedrooms and bath on level one, with a one car garage. An opportunity to enjoy peaceful surroundings, within walking distance of town.
Unit Size
1,629 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$595
Property Type
House
Property Taxes
$943
HOA Dues
-
Year Built
1900

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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 #72173219)

Price History

Date / Event Date Event Price
Aug 1, 2017 Sold
Premium
Sold
May 31, 2017 Listed by Rutledge Properties $969,000
Listed by Rutledge Properties
May 24, 2000 Sold
Premium
Sold
Dec 17, 1999 Listed by Rutledge Properties $399,000
Listed by Rutledge Properties

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1968
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,177
  • Total Building Area: 1,629
  • Building Area: 1,629
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,629
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEA STREET CONDO ESTA
  • Land Acres: 0000000234
  • 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:113 R:018 S:A
  • Municipality: WELLESLEY
  • Latitude: 42.2891
  • Longitude: -71.2909

    Address

  • Full Address: 9 W Riding St
  • Address - House Number: 9
  • Street Direction: W
  • Address - Street Name: Riding
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C054
  • 4-Digit Zip Code: 6914
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,388,900

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,571,140
  • High Value: 1,840,292
  • Low Value: 1,301,987

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,213,000
  • Assessed Land Value: $966,000
  • Assessed Improvements Value: $247,000

    Sales

  • Current Sale Recording Date: Aug 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71512
  • Previous Sale Recording Date: May 24, 2000
  • Previous Sale Amount: $398,950
  • 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

4179 ft²

Average Home Age

46.9 years

Currently For Sale

53 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# 72173219

Frequently Asked Questions

When was property at 9 West Riding Street built and last sold?
The property at 9 West Riding Street was built in 1900 and last sold on Jan 1, 1970 for $1,070,000.
How much is this home worth?
The estimated value of the home located at 9 West Riding Street is $984,424.
What are some comparable homes to 9 West Riding Street?
There are currently no comparable homes to 9 West Riding Street.
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