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Wellesley 02482
98 Beechwood Rd
$1,400,000
● House - Off Market

98 Beechwood Rd

Wellesley, MA 02482
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,071 Ft²
$2,693,021
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

Gracious 2007 center entrance Colonial offers open and flexible floor plan throughout.  Formal foyer welcomes you into this spectacular home. Elegant living room with picture windows and hardwood floors opens to  dining room which includes stunning butler's pantry with exquisite custom cherry built-ins, perfectly suited for entertaining!  Bright kitchen with stainless steel appliances, granite counter tops and breakfast area opens to fireplaced family room with hardwood floors. Sunroom overlooks lovely stone patio and expansive, level back yard. Handsome office with pocket doors completes the first floor.  Move-in condition.  Fantastic opportunity!!
Unit Size
4,071 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$362
Property Type
House
Property Taxes
$1,211
HOA Dues
-
Year Built
2006

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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 #71625170)

Price History

Date / Event Date Event Price
Jul 20, 2021 Sold
Premium
Sold
Apr 28, 2021 Listed by Benoit Mizner Simon & Co. - Wellesley - Central St $1,850,000
Listed by Benoit Mizner Simon & Co. - Wellesley - Central St
Apr 4, 2014 Sold
Premium
Sold
Jan 21, 2014 Listed by Benoit Mizner Simon & Co. - Wellesley - Central St $1,475,000
Listed by Benoit Mizner Simon & Co. - Wellesley - Central St

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,133
  • Total Building Area: 4,236
  • Building Area: 4,236
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,236
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000279
  • 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: 404301

Zoning

  • Zoning: SR10

Geography

  • Parcel: WELL M:199 R:090 S:
  • Municipality: WELLESLEY
  • Latitude: 42.3072
  • Longitude: -71.3243

    Address

  • Full Address: 98 Beechwood Rd
  • Address - House Number: 98
  • Address - Street Name: Beechwood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wellesley
  • Carrier Code: C033
  • 4-Digit Zip Code: 2343
  • Zip Code: 02482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,030,100
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 2,509,857
  • High Value: 2,939,821
  • Low Value: 2,079,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,773,000
  • Assessed Land Value: $794,000
  • Assessed Improvements Value: $979,000

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1482569
  • Previous Sale Recording Date: Apr 04, 2014
  • Previous Sale Amount: $1,400,000
  • 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:

$2,195,000

Sale Price/ft²

$670

Below Asking

0.01%

Average Days on Market

66

Average Home Size

4171 ft²

Average Home Age

51.8 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71625170

Frequently Asked Questions

When was property at 98 Beechwood Road built and last sold?
The property at 98 Beechwood Road was built in 2006 and last sold on Jul 19, 2021 for $1,970,000.
How much is this home worth?
The estimated value of the home located at 98 Beechwood Road is $1,876,545.
What are some comparable homes to 98 Beechwood Road?
There are currently no comparable homes to 98 Beechwood Road.
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