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Middlesex 01778
129 Boston Post Rd
$610,000
● Land - Off Market

129 Boston Post Rd

Wayland, MA 01778
bedrooms
Studio
bathrooms
0 Bath
$606,764
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

1-Acre Corner Lot.  Fantastic locale on the corner of a one-way street and one of the major routes in town.  As of now, the original home stands as a single family dwelling but in the past has been used as an office building.  Dwelling is conveniently set back with the driveway on the one-way.  Zoned as "Roadside Business", there are numerous possibilities for use.  Long, rectangular lot with almost 400' on the one-way street and just over 100' of frontage on the major route.  The natural gas line runs along the main route and across the frontage of this lot.  Property is being sold as-is.  Just waiting for your next project or roadside business!!!  Also listed as Single Family MLS #73022804.   Offers to be submitted by Monday 8/15 at 4:00pm...
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$758
HOA Dues
-
Year Built
1890

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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 #73022729)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Aug 8, 2022 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $575,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 9
  • 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: 846
  • Garage Type: 13
  • Parking Space Count: 20
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,810
  • Gross Building Area: 2,883
  • Building Area: 1,810
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: O
  • Land Acres: 0000001000
  • Standard Land Use Code: 3003
  • County Land Use Code: 340

Neighborhood

  • School District Name: Wayland School District
  • School Tax School District: WAYLAND SD
  • Census Tract: 366202

Zoning

  • Zoning: RB

Geography

  • Parcel: WAYL M:29 L:038
  • Lot: 38
  • Municipality: WAYLAND
  • Latitude: 42.3598
  • Longitude: -71.3437

    Address

  • Full Address: 129 Boston Post Rd
  • Address - House Number: 129
  • Address - Street Name: Boston Post
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C008
  • 4-Digit Zip Code: 2301
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $927,200
  • Initial Tax Delinquent Year: 2020

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $556,900
  • Assessed Land Value: $332,200
  • Assessed Improvements Value: $224,700

    Sales

  • Current Sale Contract Date: Sep 13, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 144596
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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# 73022729

Frequently Asked Questions

When was property at 129 Boston Post Road built and last sold?
The property at 129 Boston Post Road was built in 1890 and last sold on Sep 13, 2022 for $610,000.
How much is this home worth?
The estimated value of the home located at 129 Boston Post Road is $580,750.
What are some comparable homes to 129 Boston Post Road?
There are currently no comparable homes to 129 Boston Post Road.
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