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Middlesex 01778
12 Morse Road
$635,000
● House - Off Market

12 Morse Road

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$685,802
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Welcome home, your wait is over! Move right in to this well maintained Colonial on a quiet cul-de-sac. Features newer windows and central air conditioning. Beautiful gas fireplace in living room with water views. NEW gas heating system! Flexible floor-plan. 3 ample sized bedrooms. Lovely full bath. Great 1st floor home office or 4th bedroom. Potential to finish additional space in lower level. Stellar location minutes to all that Wayland has to offer plus ideal for commuting. Sited on a stunning 1/3 acre lot with mature plantings and professional landscaping. Ample parking with two driveways plus 1 car garage! Don't miss out!
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$516
Property Type
House
Property Taxes
$754
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72995144)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Century 21 Shawmut Properties $649,900
Listed by Century 21 Shawmut Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 456
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,260
  • Gross Building Area: 2,160
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    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: 366202

Zoning

  • Zoning: R30

Geography

  • Parcel: WAYL M:29 L:052
  • Lot: 52
  • Municipality: WAYLAND
  • Latitude: 42.3614
  • Longitude: -71.3492

    Address

  • Full Address: 12 Morse Rd
  • Address - House Number: 12
  • Address - Street Name: Morse
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C008
  • 4-Digit Zip Code: 2709
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $961,900

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 698,928
  • High Value: 812,306
  • Low Value: 585,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $577,700
  • Assessed Land Value: $364,700
  • Assessed Improvements Value: $213,000

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144857
  • Previous Sale Recording Date: Jul 12, 2017
  • 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 Middlesex

Stats & Trends

Median Asking:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 72995144

Frequently Asked Questions

When was property at 12 Morse Road built and last sold?
The property at 12 Morse Road was built in 1951 and last sold on Sep 23, 2022 for $635,000.
How much is this home worth?
The estimated value of the home located at 12 Morse Road is $651,456.
What are some comparable homes to 12 Morse Road?
There are currently no comparable homes to 12 Morse Road.
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