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Cochituate 01778
228 Cochituate Road
$797,500
● House - Off Market

228 Cochituate Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,558 Ft²
$1,100,487
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Set back from the road on a 1.5 Acre lot sits this Charming Quintessential Cape built-in 1984 with 4 Bedrooms & 3 Full Baths. The Kitchen, Renovated & Gutted in (2016) features loads of White Cabinetry, Granite Countertops & Island with room for 3 Stools!  It opens directly to the Large Family Room, Spacious Dining Room & Living Room with Fireplace as well as a Separate Wing that leads to the Master Suite & 2nd Bedroom & Full Bath. The 2nd Floor features 2 large Bedrooms & Full Bath privately situated perfectly for Children, Guests or In-Laws. Relax in your Private Rear Yard on your Deck surrounded by Woods. Conveniently located not far from loads of Shopping, Restaurants & Commuter Routes & Conservation Trails. VIRTUAL TOUR ATTACHED.
Unit Size
2,558 Ft²
Days on Market
-
Land Size
1.54 acres
Price per sqft
$324
Property Type
House
Property Taxes
$1,172
HOA Dues
-
Year Built
1984

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: 6 months ago (MLSPIN #72672215)

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold
Premium
Sold
Jun 16, 2020 Listed by Coldwell Banker Realty - Sudbury $829,000
Listed by Coldwell Banker Realty - Sudbury
Jun 4, 2003 Sold
Premium
Sold
Mar 26, 2003 Listed by Coldwell Banker Realty - Sudbury $595,000
Listed by Coldwell Banker Realty - Sudbury

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • 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: 838
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 67,405
  • Total Building Area: 2,558
  • Gross Building Area: 5,141
  • Building Area: 2,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,558
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAYLAND
  • Land Acres: 0000001547
  • 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: R60

Geography

  • Parcel: WAYL M:43B L:053
  • Lot: 53
  • Municipality: WAYLAND
  • Latitude: 42.3387
  • Longitude: -71.3598

    Address

  • Full Address: 228 Cochituate Rd
  • Address - House Number: 228
  • Address - Street Name: Cochituate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C005
  • 4-Digit Zip Code: 3127
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,577,100

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,128,629
  • High Value: 1,328,244
  • Low Value: 929,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $947,200
  • Assessed Land Value: $462,700
  • Assessed Improvements Value: $484,500

    Sales

  • Current Sale Contract Date: Aug 12, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 142549
  • Previous Sale Recording Date: Jun 04, 2003
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: 71

    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 Cochituate

Stats & Trends

Median Asking:

$937,000

Sale Price/ft²

$455

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2833 ft²

Average Home Age

77.4 years

Currently For Sale

14 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: 6 months ago
Data Source: MLS PIN, MLS# 72672215

Frequently Asked Questions

When was property at 228 Cochituate Road built and last sold?
The property at 228 Cochituate Road was built in 1984 and last sold on Aug 12, 2020 for $797,500.
How much is this home worth?
The estimated value of the home located at 228 Cochituate Road is $846,035.
What are some comparable homes to 228 Cochituate Road?
There are currently no comparable homes to 228 Cochituate Road.
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