Property profile

7 Burke Ln Wellesley, MA 02481

OFF-MARKET
Parking lots & garages
Property ID
US38-0476044
1,362 SF 0.44 ac lot Built 2016
Individually Owned 8-yr Hold
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 2016
Construction WOOD FRAME
Total area 1,362 SF
Lot 0.44 ac (19,116 SF)
Zoning code SR15
APN WELL M:010 R:043 S:
UPID US38-0476044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Burke Ln Wellesley, MA 02481-5601
Wellesley metro Census 404100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2018
3 recorded transactions
2018
$450,000
2004
$405,000
1987
Price N/A

Zoning & alternative use

SR15 · Wellesley, MA
General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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