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Wellesley 02482
91 Ivy Road
$1,650,000
● House - Off Market

91 Ivy Road

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,500 Ft²
$2,689,431
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Exceptional New Construction. Just Completed. This 5 Bedroom 4.5 Bathroom Contemporary Colonial addresses all the needs of a growing family. Beautifully appointed with true attention to detail. A family room finished with custom moldings combined with an open floor plan and granite stainless chefs kitchen makes this home perfect for today's modern lifestyle. The second floor boasts a spectacular vaulted master suite - complete with a large walk-in closet and a gorgeous bathroom-  three generous bedrooms and 2nd floor laundry. The lower level is finished with a full bathroom, a huge basement play room and fifth bedroom. Walk to the Commuter Rail. Walk to elementary school.
Unit Size
4,500 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$377
Property Type
House
Property Taxes
$717
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 #72108343)

Price History

Date / Event Date Event Price
May 24, 2017 Sold
Premium
Sold
Jan 13, 2017 Listed by Echo Real Estate Group LLC $1,698,000
Listed by Echo Real Estate Group LLC
Dec 22, 2015 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 260
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,030
  • Total Building Area: 3,508
  • Building Area: 3,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 404302

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:148 R:025 S:
  • Municipality: WELLESLEY
  • Latitude: 42.302
  • Longitude: -71.303

    Address

  • Full Address: 91 Ivy Rd
  • Address - House Number: 91
  • Address - Street Name: Ivy
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C049
  • 4-Digit Zip Code: 4667
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,808,000

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,287,814
  • High Value: 2,679,740
  • Low Value: 1,895,888

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,579,000
  • Assessed Land Value: $797,000
  • Assessed Improvements Value: $782,000

    Sales

  • Current Sale Recording Date: May 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44680
  • Previous Sale Recording Date: Dec 22, 2015
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: O
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

4196 ft²

Average Home Age

52 years

Currently For Sale

60 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: 4 months ago
Data Source: MLS PIN, MLS# 72108343

Frequently Asked Questions

When was property at 91 Ivy Road built and last sold?
The property at 91 Ivy Road was built in 2016 and last sold on Jan 1, 1970 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 91 Ivy Road is $1,712,440.
What are some comparable homes to 91 Ivy Road?
There are currently no comparable homes to 91 Ivy Road.
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