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Middlesex 01778
226 Concord Road
$730,000
● House - Off Market

226 Concord Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,454 Ft²
$1,204,452
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Privately set back this classic center entrance Colonial abutting acres of conservation land boasts an open renovated kitchen and dining room, family room with fireplace and large bay window, spacious formal living room and updated first floor powder room.  Second floor features master suite including two closets with renovated bath plus three additional spacious bedrooms and an office. Two car garage attached.  Newer roof, windows, garage doors and freshly painted exterior.
Unit Size
2,454 Ft²
Days on Market
-
Land Size
0.95 acres
Price per sqft
$293
Property Type
House
Property Taxes
$856
HOA Dues
-
Year Built
1968

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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 #71985325)

Price History

Date / Event Date Event Price
Jun 14, 2016 Sold
Premium
Sold
Apr 8, 2016 Listed by Coldwell Banker Residential Brokerage - Weston $720,000
Listed by Coldwell Banker Residential Brokerage - Weston
May 20, 2004 Sold
Premium
Sold
Mar 2, 2004 Listed by Coldwell Banker Residential Brokerage - Weston $595,000
Listed by Coldwell Banker Residential Brokerage - Weston

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,144
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,570
  • Total Building Area: 2,308
  • Gross Building Area: 4,156
  • Building Area: 2,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,308
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000954
  • 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: 366201

Zoning

  • Zoning: R40

Geography

  • Parcel: WAYL M:07 L:005
  • Lot: 5
  • Municipality: WAYLAND
  • Latitude: 42.3931
  • Longitude: -71.3515

    Address

  • Full Address: 226 Concord Rd
  • Address - House Number: 226
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C001
  • 4-Digit Zip Code: 1208
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,503,500

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,109,620
  • High Value: 1,290,040
  • Low Value: 929,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $903,000
  • Assessed Land Value: $427,800
  • Assessed Improvements Value: $475,200

    Sales

  • Current Sale Recording Date: Jun 14, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 94951
  • Previous Sale Recording Date: May 20, 2004
  • Previous Sale Amount: $595,000
  • Previous Sale Document Type: 27
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:

$819,900

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2704 ft²

Average Home Age

65.5 years

Currently For Sale

3310 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: 5 months ago
Data Source: MLS PIN, MLS# 71985325

Frequently Asked Questions

When was property at 226 Concord Road built and last sold?
The property at 226 Concord Road was built in 1968 and last sold on Jan 1, 1970 for $730,000.
How much is this home worth?
The estimated value of the home located at 226 Concord Road is $742,733.
What are some comparable homes to 226 Concord Road?
There are currently no comparable homes to 226 Concord Road.
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