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Cochituate 01778
24 Joyce Road
$723,000
● House - Off Market

24 Joyce Road

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,449 Ft²
$1,037,371
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

TIMELESS MID CENTURY MODERN home in a convenient south Wayland neighborhood. Soaring ceiling, large windows, open floor plan. Wonderful great room addition  open to  and part of the kitchen. Kitchen has expansive storage, gas cook top and plentiful counter space.  Deck off great room leads to private, serene back yard Dining room open to large living room. . Large porch that runs off the living/dining room expands entertainment or summer living space. Three bedrooms, master en suite on the first floor. Lower level has spacious  family room with a fire place plus there is a flex room that can serve as office or  guest bedroom. Laundry and 1/2 bath on that level.
Unit Size
2,449 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$310
Property Type
House
Property Taxes
$962
HOA Dues
-
Year Built
1966

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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 #72635773)

Price History

Date / Event Date Event Price
Jun 24, 2020 Sold
Premium
Sold
Mar 19, 2020 Listed by Coldwell Banker Residential Brokerage - Wayland $759,000
Listed by Coldwell Banker Residential Brokerage - Wayland

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 686
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,200
  • Total Building Area: 1,863
  • Gross Building Area: 3,408
  • Building Area: 1,863
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,863
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000487
  • 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:47D L:048
  • Lot: 48
  • Municipality: WAYLAND
  • Latitude: 42.3275
  • Longitude: -71.3593

    Address

  • Full Address: 24 Joyce Rd
  • Address - House Number: 24
  • Address - Street Name: Joyce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4516
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,331,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 991,943
  • High Value: 1,166,745
  • Low Value: 817,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $799,400
  • Assessed Land Value: $451,800
  • Assessed Improvements Value: $347,600

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1845366
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:

$949,000

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2683 ft²

Average Home Age

80.8 years

Currently For Sale

17 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# 72635773

Frequently Asked Questions

When was property at 24 Joyce Road built and last sold?
The property at 24 Joyce Road was built in 1966 and last sold on Jun 4, 2020 for $723,000.
How much is this home worth?
The estimated value of the home located at 24 Joyce Road is $782,779.
What are some comparable homes to 24 Joyce Road?
There are currently no comparable homes to 24 Joyce Road.
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