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Middlesex 01778
12 Spruce Tree Ln
$675,000
● House - Off Market

12 Spruce Tree Ln

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$1,053,074
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

New price on this north Wayland multi-level Colonial, sited on a cul-de-sac. Directly abutting hundreds of acres of conservation land at Sedge Meadow, this home awaits only its second owner. Hardwood floors throughout main floors and bedrooms. Updates include newer Anderson and Harvey windows and 2014 boiler and HW tank. 4 distinct levels of living space. Lower level at grade offers family room and laundry, Main level has kitchen, dining room, featuring loads of windows overlooking the side and back yards and the living room, overlooking Sedge Meadow. Just a few steps up to 3 bedrooms and main bath, a few more steps to the private Master BR with en suite bath. Come see this one now and start planning your personal touches to make it sparkle!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$321
Property Type
House
Property Taxes
$849
HOA Dues
-
Year Built
1967

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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: 5 months ago (MLSPIN #72232505)

Price History

Date / Event Date Event Price
Dec 28, 2017 Sold
Premium
Sold
Sep 21, 2017 Listed by Keller Williams Realty $675,000
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • 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: 618
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,302
  • Total Building Area: 1,776
  • Gross Building Area: 3,724
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000925
  • 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: 366201

Zoning

  • Zoning: R40

Geography

  • Parcel: WAYL M:10 L:057
  • Lot: 57
  • Municipality: WAYLAND
  • Latitude: 42.3878
  • Longitude: -71.3613

    Address

  • Full Address: 12 Spruce Tree Ln
  • Address - House Number: 12
  • Address - Street Name: Spruce Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wayland
  • Carrier Code: C015
  • 4-Digit Zip Code: 1216
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,407,800

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,023,085
  • High Value: 1,204,033
  • Low Value: 842,138

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $845,500
  • Assessed Land Value: $496,300
  • Assessed Improvements Value: $349,200

    Sales

  • Current Sale Recording Date: Dec 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1778409
  • Previous Sale Recording Date: Aug 18, 2016
  • 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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2701 ft²

Average Home Age

65.7 years

Currently For Sale

3286 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# 72232505

Frequently Asked Questions

When was property at 12 Spruce Tree Lane built and last sold?
The property at 12 Spruce Tree Lane was built in 1967 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 12 Spruce Tree Lane is $695,392.
What are some comparable homes to 12 Spruce Tree Lane?
There are currently no comparable homes to 12 Spruce Tree Lane.
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