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Middlesex 01778
278 Old Connecticut Path
$669,000
● House - Off Market

278 Old Connecticut Path

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,785 Ft²
$952,717
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Charming 1868 schoolhouse, this home has character in every nook and cranny, expansive sky lights and extra-large windows/sliders throughout all levels.. The first floor boasts eat in kitchen, updated full bath with walk in shower, family room, living/dining room and a bonus office/bedroom. The second floor leads to three respectable sized bedrooms with an abundance of closet space, built in storage and another fully updated bath. Oversize private flat lot fully fenced in perfect for kids and pets. Perfect south Wayland location for commuters with convenient access to I90 and rt 20, walking distance to High School and Elementary school and #3 school system in the state!
Unit Size
1,785 Ft²
Days on Market
-
Land Size
0.81 acres
Price per sqft
$375
Property Type
House
Property Taxes
$924
HOA Dues
-
Year Built
1868

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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 #72558370)

Price History

Date / Event Date Event Price
Oct 17, 2019 Sold
Premium
Sold
Sep 4, 2019 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $669,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.
Nov 28, 2018 Sold
Premium
Sold
Sep 24, 2018 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $649,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.
Mar 28, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1868
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 276
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,300
  • Total Building Area: 1,785
  • Gross Building Area: 3,106
  • Building Area: 1,785
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,785
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • 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: R20

Geography

  • Parcel: WAYL M:43A L:001
  • Lot: 1
  • Municipality: WAYLAND
  • Latitude: 42.3392
  • Longitude: -71.3723

    Address

  • Full Address: 278 Old Connecticut Path
  • Address - House Number: 278
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 3412
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,268,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 846,146
  • High Value: 1,032,487
  • Low Value: 659,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $761,900
  • Assessed Land Value: $413,200
  • Assessed Improvements Value: $348,700

    Sales

  • Current Sale Contract Date: Oct 10, 2019
  • Current Sale Recording Date: Oct 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1826083
  • Previous Sale Recording Date: Nov 28, 2018
  • Previous Sale Amount: $649,000
  • Previous Sale Document Type: O
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

2693 ft²

Average Home Age

65.6 years

Currently For Sale

3350 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 months ago
Data Source: MLS PIN, MLS# 72558370

Frequently Asked Questions

When was property at 278 Old Connecticut Path built and last sold?
The property at 278 Old Connecticut Path was built in 1868 and last sold on Oct 10, 2019 for $669,000.
How much is this home worth?
The estimated value of the home located at 278 Old Connecticut Path is $682,454.
What are some comparable homes to 278 Old Connecticut Path?
There are currently no comparable homes to 278 Old Connecticut Path.
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