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Middlesex 01778
19 Wallace
$980,000
● House - Off Market

19 Wallace

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,054 Ft²
$1,002,480
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

This picturesque colonial is nestled into a well-established neighborhood offering a perfect commuter location. The first floor boasts a large eat in kitchen with gas range and an oversized family room with cathedral ceilings, a two story wood burning fireplace and tons of natural light. The first floor is finished off by a full laundry room, a half bath and flex space for a playroom or home office. The second floor offers three good size bedrooms with a full bath and a large primary bath. The fully finished walk-out lower level features a work out area, TV room, a fourth bedroom and another full bath.Move right in and enjoy the fall on the gorgeous two-tiered trek deck overlooking the large flat backyard. Showings to start at Thursday broker open house.
Unit Size
3,054 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$311
Property Type
House
Property Taxes
$1,099
HOA Dues
-
Year Built
1987

Payment Calculator

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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 #73011533)

Price History

Date / Event Date Event Price
Sep 7, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by Gibson Sotheby's International Realty $950,000
Listed by Gibson Sotheby's International Realty
May 27, 2010 Sold
Premium
Sold
Mar 5, 2010 Listed by Gibson Sotheby's International Realty $550,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,216
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,000
  • Total Building Area: 2,014
  • Gross Building Area: 3,693
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAYLAND
  • Land Acres: 0000000528
  • 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:42C L:012
  • Lot: 12
  • Municipality: WAYLAND
  • Latitude: 42.335
  • Longitude: -71.3811

    Address

  • Full Address: 19 Wallace Rd
  • Address - House Number: 19
  • Address - Street Name: Wallace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 3015
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,347,700

    Appraisal Valuation

  • Standard Deviation: 0.1569
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,051,143
  • High Value: 1,216,116
  • Low Value: 886,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $809,400
  • Assessed Land Value: $425,600
  • Assessed Improvements Value: $383,800

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136743
  • Previous Sale Recording Date: May 27, 2010
  • Previous Sale Amount: $545,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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# 73011533

Frequently Asked Questions

When was property at 19 Wallace Road built and last sold?
The property at 19 Wallace Road was built in 1987 and last sold on Sep 7, 2022 for $980,000.
How much is this home worth?
The estimated value of the home located at 19 Wallace Road is $965,795.
What are some comparable homes to 19 Wallace Road?
There are currently no comparable homes to 19 Wallace Road.
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