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Cochituate 01778
17 Lakeview Rd
$615,000
● House - Off Market

17 Lakeview Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,799 Ft²
$867,893
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

This charming New England Cape on a quiet side street is MOVE IN READY and your perfect entry into Wayland and its top rated schools. Features include hardwood floors, a lovely living room with fireplace, eat in kitchen w/stainless steel appliances, gas range, granite countertops and breakfast peninsula.  Additional finished lower level offers flexibility for rec room, exercise space and office area with direct walk out to the spacious, flat backyard. Carry your kayak down the road to Dudley Pond and walk or ride bikes to any of the schools and Hannah Williams Playground.  Fantastic location and neighborhood minutes to all major routes, shopping, town beach, trails and all the wonderful amenities this community has to offer. Private Showings by Appointment only. Matterport Virtual tour attached.
Unit Size
1,799 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$353
Property Type
House
Property Taxes
$752
HOA Dues
-
Year Built
1971

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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 #72642836)

Price History

Date / Event Date Event Price
Jun 23, 2020 Sold
Premium
Sold
Apr 10, 2020 Listed by Gibson Sotheby's International Realty $635,000
Listed by Gibson Sotheby's International Realty
Jul 14, 2015 Sold
Premium
Sold
May 14, 2015 Listed by Gibson Sotheby's International Realty $525,000
Listed by Gibson Sotheby's International Realty
Apr 30, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • 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: 469
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,344
  • Gross Building Area: 2,209
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 4027A
  • Land Acres: 0000000275
  • 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:043
  • Lot: 43
  • Municipality: WAYLAND
  • Latitude: 42.3296
  • Longitude: -71.3647

    Address

  • Full Address: 17 Lakeview Rd
  • Address - House Number: 17
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C007
  • 4-Digit Zip Code: 4213
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,091,900

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 811,855
  • High Value: 954,922
  • Low Value: 668,788

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655,800
  • Assessed Land Value: $348,200
  • Assessed Improvements Value: $307,600

    Sales

  • Current Sale Contract Date: Jun 16, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1845181
  • Previous Sale Recording Date: Jul 14, 2015
  • Previous Sale Amount: $529,000
  • Previous Sale Document Type: O
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

56

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# 72642836

Frequently Asked Questions

When was property at 17 Lakeview Road built and last sold?
The property at 17 Lakeview Road was built in 1971 and last sold on Jun 16, 2020 for $615,000.
How much is this home worth?
The estimated value of the home located at 17 Lakeview Road is $650,347.
What are some comparable homes to 17 Lakeview Road?
There are currently no comparable homes to 17 Lakeview Road.
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