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Middlesex 01778
2 Clarence Road
Photo of 2 Clarence Road
Sold on Apr 25, 2007

1

Map

$600,000
● House - Off Market

2 Clarence Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,115 Ft²
$1,217,229
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

SELLER OFFERING UP TO 2 PTS ON BUYERS MORTGAGE! Classic New England Cape updated for todays lifestyle. Warm and inviting living room with brick hearth fireplace, formal dining room, eat-in kitchen with new floor, counter and backsplash and updated appliances. Four generous bedrooms as well as second floor walk-in closet. Two full updated baths. Lower level family room with fireplace and new carpet adds approximately 350 s.f. of living space.  Level corner lot in cul de sac neighborhood.
Unit Size
2,115 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$307
Property Type
House
Property Taxes
$752
HOA Dues
-
Year Built
1963

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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 #70436743)

Price History

Date / Event Date Event Price
Apr 25, 2007 Sold
Premium
Sold
Aug 7, 2006 Listed $650,000
Listed
Apr 15, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 915
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,043
  • Total Building Area: 2,763
  • Gross Building Area: 4,967
  • Building Area: 2,763
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,763
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000919
  • 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: 366202

Zoning

  • Zoning: R40

Geography

  • Parcel: WAYL M:38 L:135
  • Lot: 135
  • Municipality: WAYLAND
  • Latitude: 42.3439
  • Longitude: -71.3682

    Address

  • Full Address: 2 Clarence Rd
  • Address - House Number: 2
  • Address - Street Name: Clarence
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 3106
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,752,400

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,241,830
  • High Value: 1,462,579
  • Low Value: 1,021,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,052,500
  • Assessed Land Value: $521,900
  • Assessed Improvements Value: $530,600

    Sales

  • Current Sale Recording Date: Apr 25, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00075043
  • Previous Sale Recording Date: Apr 15, 1997
  • Previous Sale Amount: $389,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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# 70436743

Frequently Asked Questions

When was property at 2 Clarence Road built and last sold?
The property at 2 Clarence Road was built in 1963 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 2 Clarence Road is $667,590.
What are some comparable homes to 2 Clarence Road?
There are currently no comparable homes to 2 Clarence Road.
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