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Cochituate 01778
2 Beech Rd
$260,000
● House - Off Market

2 Beech Rd

Wayland, MA 01778
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,100 Ft²
$502,665
RealtyHop Estimate
89.68%
Since Nov 1, 2013
MA-Boston
Primary Model

About This Property

A Great Opportunity for this Charming Cottage Steps Away from Dudley Pond with Seasonal Views.  A Brand New 2 Bedroom Septic Offers Flexibility in Room Arrangement. This Sunny and Bright Home has been Well Cared For. Features include: 1st Floor Bedroom, Spacious and Open 2nd Floor with Soaring Cathedral Ceilings, Hardwood and Tile, Newer Carpeting, 2 Zone Heat/Air Conditioning, Clean and Efficient Kitchen and Bath, Patio Area, Laundry Hook Ups, Basement Storage.  Conveniently Located on a Quiet Side Street with Easy Access to Commuting and Shopping.  Don't Miss Out – Make an Offer!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$241
Property Type
House
Property Taxes
$316
HOA Dues
-
Year Built
1930

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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 #71527532)

Price History

Date / Event Date Event Price
Oct 30, 2013 Sold
Premium
Sold
May 17, 2013 Listed by Coldwell Banker Residential Brokerage - Wayland $265,000
Listed by Coldwell Banker Residential Brokerage - Wayland

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 308
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,441
  • Total Building Area: 1,100
  • Gross Building Area: 1,762
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000056
  • 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:46B L:065
  • Lot: 65
  • Municipality: WAYLAND
  • Latitude: 42.3309
  • Longitude: -71.3753

    Address

  • Full Address: 2 Beech Rd
  • Address - House Number: 2
  • Address - Street Name: Beech
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4002
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $618,400

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 526,505
  • High Value: 615,423
  • Low Value: 437,586

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,400
  • Assessed Land Value: $227,400
  • Assessed Improvements Value: $144,000

    Sales

  • Current Sale Recording Date: Oct 30, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1657835
  • Previous Sale Recording Date: Oct 30, 2013
  • Previous Sale Amount: $260,000
  • 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:

$937,000

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2585 ft²

Average Home Age

79.3 years

Currently For Sale

20 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71527532

Frequently Asked Questions

When was property at 2 Beech Road built and last sold?
The property at 2 Beech Road was built in 1930 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 2 Beech Road is $267,831.
What are some comparable homes to 2 Beech Road?
There are currently no comparable homes to 2 Beech Road.
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