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Cochituate 01778
16 Lakeview Rd
$445,000
● House - Off Market

16 Lakeview Rd

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,526 Ft²
$915,965
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Full dormer cape is move-in ready! Impeccable condition w/a 3 level addition adds a 1st flr fireplaced FR, DR & a 2nd flr expanded skylit 2 room Master w/xtra large closets.  Renovated baths, updated heating, oil tank & electrical ,new SS appliances, hardwood floors thru-out, & fresh cosmetics! Newly landscaped & hardscaped front yard & perennial packed private wooded backyard backs up to town land . Walk to schools, Dudley Pond, convenient to major routes.  Your opportunity into Wayland.
Unit Size
1,526 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$295
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1952

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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 #71393939)

Price History

Date / Event Date Event Price
Aug 2, 2012 Sold
Premium
Sold
Jun 8, 2012 Listed by Realty Executives Boston West $449,900
Listed by Realty Executives Boston West

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,600
  • Total Building Area: 1,755
  • Gross Building Area: 3,250
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4027A
  • Land Acres: 0000000220
  • 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:47B L:047
  • Lot: 47
  • Municipality: WAYLAND
  • Latitude: 42.3293
  • Longitude: -71.3644

    Address

  • Full Address: 16 Lakeview Rd
  • Address - House Number: 16
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C007
  • 4-Digit Zip Code: 4214
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,045,000

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 848,267
  • High Value: 997,750
  • Low Value: 698,784

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $627,600
  • Assessed Land Value: $333,400
  • Assessed Improvements Value: $294,200

    Sales

  • Current Sale Recording Date: Aug 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000160
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:

$935,000

Sale Price/ft²

$455

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2677 ft²

Average Home Age

83.3 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 71393939

Frequently Asked Questions

When was property at 16 Lakeview Road built and last sold?
The property at 16 Lakeview Road was built in 1952 and last sold on Jan 1, 1970 for $445,000.
How much is this home worth?
The estimated value of the home located at 16 Lakeview Road is $467,644.
What are some comparable homes to 16 Lakeview Road?
There are currently no comparable homes to 16 Lakeview Road.
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