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Cochituate 01778
249 Cochituate Rd
$647,600
● House - Off Market

249 Cochituate Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,751 Ft²
$827,213
RealtyHop Estimate
22.55%
Since Mar 1, 2021
MA-Boston
Primary Model

About This Property

Move right into this exceptional, turn-key property sited on a lush 1.2 acres! Centrally located to all of Wayland's schools, shopping, and commuter routes. Features a dramatic living room with vaulted ceiling, white kitchen, expansive family room with beautiful built-ins, 3 spacious bedrooms, two-car garage and tons of storage. Enjoy evenings on the patio with a built-in firepit. Large, level backyard is ideal for family activities. House in excellent condition, recent major renovations, ready to step in. Roof, water heater, boiler, and driveway all less than 2 years old. Location is everything -- live life in wonderful Wayland! Must make an appointment even for OH.
Unit Size
1,751 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$385
Property Type
House
Property Taxes
$890
HOA Dues
-
Year Built
1959

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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 years ago (MLSPIN #72743125)

Price History

Date / Event Date Event Price
Feb 19, 2021 Sold
Premium
Sold
Oct 14, 2020 Listed by Comrie Real Estate, Inc. $675,000
Listed by Comrie Real Estate, Inc.
Oct 4, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 41
  • 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: 1,083
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,200
  • Total Building Area: 1,159
  • Gross Building Area: 2,787
  • Building Area: 1,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,159
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001221
  • 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:43D L:038
  • Lot: 38
  • Municipality: WAYLAND
  • Latitude: 42.3352
  • Longitude: -71.3608

    Address

  • Full Address: 249 Cochituate Rd
  • Address - House Number: 249
  • Address - Street Name: Cochituate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 3513
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,234,100

    Appraisal Valuation

  • Standard Deviation: 0.2236
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 794,063
  • High Value: 971,659
  • Low Value: 616,467

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $741,200
  • Assessed Land Value: $446,700
  • Assessed Improvements Value: $294,500

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37937
  • Previous Sale Recording Date: Oct 04, 2000
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 71
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

$462

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2564 ft²

Average Home Age

81.8 years

Currently For Sale

16 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: 5 years ago
Data Source: MLS PIN, MLS# 72743125

Frequently Asked Questions

When was property at 249 Cochituate Road built and last sold?
The property at 249 Cochituate Road was built in 1959 and last sold on Feb 12, 2021 for $647,600.
How much is this home worth?
The estimated value of the home located at 249 Cochituate Road is $688,033.
What are some comparable homes to 249 Cochituate Road?
There are currently no comparable homes to 249 Cochituate Road.
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