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Cochituate 01778
12 Castle Gate Road
$425,000
● House - Off Market

12 Castle Gate Road

Wayland, MA 01778
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$617,246
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

NEIGHBORHOOD...LOCATION...CHARM...Classic Dudley Pond Bungalow on a level 1/3 acre lot with mature plantings located in an established neighborhood. This 2 Bedroom, 1 Bath home is a great entry point into Wayland. Enjoy summer evenings relaxing on the screened front porch or an afternoon on the back deck surrounded by a sunny, spacious lush lawn with flowering hibiscus and crab trees, hydrangeas, lily of the valley, forsythia and azalea that bloom spring through fall. The arborvitaes provide a nature fence for privacy for enjoying your new backyard. Detached 1 car garage and oversized shed both with electricity add to the value of this property . OUTSTANDING LOCATION near the Mass Pike/128, Commuter Rail, Natick Mall, Town Beach, Golf Course, and Restaurants/Shopping yet away from the hustle and bustle.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$494
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1923

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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 #72418890)

Price History

Date / Event Date Event Price
Nov 30, 2018 Sold
Premium
Sold
Nov 1, 2018 Listed by Coldwell Banker Residential Brokerage - Wayland $415,000
Listed by Coldwell Banker Residential Brokerage - Wayland
Jun 30, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 384
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 840
  • Gross Building Area: 1,540
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wayland School District
  • School Tax School District: WAYLAND SD
  • Census Tract: 366100

Zoning

  • Zoning: R20

Geography

  • Parcel: WAYL M:46D L:043
  • Lot: 43
  • Municipality: WAYLAND
  • Latitude: 42.3269
  • Longitude: -71.3759

    Address

  • Full Address: 12 Castle Gate Rd
  • Address - House Number: 12
  • Address - Street Name: Castle Gate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C014
  • 4-Digit Zip Code: 4300
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $841,300

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 617,529
  • High Value: 729,481
  • Low Value: 505,577

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $505,300
  • Assessed Land Value: $364,700
  • Assessed Improvements Value: $140,600

    Sales

  • Current Sale Recording Date: Nov 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 183190
  • Previous Sale Recording Date: Jun 30, 1992
  • Previous Sale Amount: $126,000
  • 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 Cochituate

Stats & Trends

Median Asking:

$937,000

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2564 ft²

Average Home Age

81.8 years

Currently For Sale

16 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# 72418890

Frequently Asked Questions

When was property at 12 Castle Gate Road built and last sold?
The property at 12 Castle Gate Road was built in 1923 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 12 Castle Gate Road is $419,692.
What are some comparable homes to 12 Castle Gate Road?
There are currently no comparable homes to 12 Castle Gate Road.
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