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Middlesex 01778
17 Draper Road
$1,350,000
● House - Off Market

17 Draper Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,836 Ft²
$1,325,498
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Located on lovely Draper Rd this enchanting home built in 1915 sits on a lushly landscaped one-acre parcel in the heart of Clay Pit Hill. Old house charm defines this sweet offering with its coveted screen porch, welcoming front foyer, traditional floor plan, warm hardwoods and sunny white kitchen.  The first floor offers a cozy den, front to back living room with wood burning fireplace, eat in kitchen with walk in pantry and abutting oversized dining room for family gatherings. A lovely stairway will lead you to four light filled bedrooms a tiled full bath and bonus walk up attic with plentiful storage. A thoughtfully finished basement with office set up and playroom completes the interior.  Pride of ownership is evident in this wonderfully maintained and charming home abutting Rowan Hill conservation land.
Unit Size
2,836 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$414
Property Type
House
Property Taxes
$949
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #72904447)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Oct 5, 2021 Listed by Gibson Sotheby's International Realty $1,175,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,411
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000492
  • Standard Land Use Code: 8015
  • County Land Use Code: 132

Neighborhood

  • School District Name: Wayland School District
  • School Tax School District: WAYLAND SD
  • Census Tract: 366201

Zoning

  • Zoning: R60

Geography

  • Parcel: WAYL M:20 L:024A
  • Lot: 24A
  • Municipality: WAYLAND
  • Latitude: 42.3712
  • Longitude: -71.3394

    Address

  • Full Address: 17a Draper Rd
  • Address - House Number: 17a
  • Address - Street Name: Draper
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C003
  • 4-Digit Zip Code: 2108
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $78,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,400
  • Assessed Land Value: $47,400

    Sales

  • Current Sale Contract Date: Nov 23, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 258159
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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2673 ft²

Average Home Age

65.5 years

Currently For Sale

3349 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 years ago
Data Source: MLS PIN, MLS# 72904447

Frequently Asked Questions

When was property at 17 Draper Road built and last sold?
The property at 17 Draper Road was built in and last sold on Nov 23, 2021 for $1,350,000.
How much is this home worth?
The estimated value of the home located at 17 Draper Road is $0.
What are some comparable homes to 17 Draper Road?
There are currently no comparable homes to 17 Draper Road.
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