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Cochituate 01778
3 Amey
$510,000
● House - Off Market

3 Amey

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,088 Ft²
$729,748
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

RARE MULTI HOUSE LOT IN WALKING DISTANCE TO TOWN BEACH.  Perfect opportunity to make this property your own; renovate, expand, tear down.  This property is on a flat .48 acres, has 2 separate homes; a 3 bedroom, 1.5 bath cape and a 1 bedroom, 1 bath ranch.  Both properties are currently occupied (owner in cape, ranch rented for $1100 a month).  Buyer to perform all due diligence.  Cesspool must be converted to septic system.  Sold in as-is condition.    OPEN HOUSE SATURDAY 5/23, 11:30-1:30.  INTERESTED BUYERS MUST HAVE SPECIFIC APPOINTMENT, WEAR MASK & GLOVES.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$275
Property Type
House
Property Taxes
$929
HOA Dues
-
Year Built
1954

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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 #72660431)

Price History

Date / Event Date Event Price
Dec 1, 2020 Sold
Premium
Sold
May 22, 2020 Listed by Coldwell Banker Realty - Sudbury $575,000
Listed by Coldwell Banker Realty - Sudbury

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1996
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 0
  • Basement Area: 1,293
  • Garage Type: 0
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,855
  • Total Building Area: 1,638
  • Gross Building Area: 2,808
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000479
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Wayland School District
  • School Tax School District: WAYLAND SD
  • Census Tract: 366100

Zoning

  • Zoning: R20

Geography

  • Parcel: WAYL M:50 L:025
  • Lot: 25
  • Municipality: WAYLAND
  • Latitude: 42.3215
  • Longitude: -71.3735

    Address

  • Full Address: 3 Amey Rd
  • Address - House Number: 3
  • Address - Street Name: Amey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C007
  • 4-Digit Zip Code: 4701
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,195,800

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 843,925
  • High Value: 992,794
  • Low Value: 695,056

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $718,200
  • Assessed Land Value: $416,900
  • Assessed Improvements Value: $301,300

    Sales

  • Current Sale Contract Date: Nov 23, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 226478
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:

$944,000

Sale Price/ft²

$460

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2613 ft²

Average Home Age

78 years

Currently For Sale

20 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# 72660431

Frequently Asked Questions

When was property at 3 Amey Road built and last sold?
The property at 3 Amey Road was built in 1954 and last sold on Nov 23, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 3 Amey Road is $598,139.
What are some comparable homes to 3 Amey Road?
There are currently no comparable homes to 3 Amey Road.
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