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Cochituate 01778
3 Russell Rd
$350,000
● House - Off Market

3 Russell Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,432 Ft²
$732,731
RealtyHop Estimate
103.59%
Since Sep 1, 2012
MA-Boston
Primary Model

About This Property

Great price on this sprawling Ranch completely remodeled in 2002.  Frosted craftsman wood cabinet kitchen with gleaming hardwood floors, huge family & living rooms, both featuring charming fireplace, wood stove, skylight and bow window refinements.  Master bedroom with new half bath with rich ceramic tile & pedastal sink.  5-year old furnace and brand new roof-Hurry!
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$251
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71385216)

Price History

Date / Event Date Event Price
Oct 9, 2015 Sold
Premium
Sold
Aug 17, 2012 Sold
Premium
Sold
May 18, 2012 Listed by RE/MAX Signature Properties $359,900
Listed by RE/MAX Signature Properties

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 1,432
  • Gross Building Area: 1,928
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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:42D L:089
  • Lot: 89
  • Municipality: WAYLAND
  • Latitude: 42.3318
  • Longitude: -71.3777

    Address

  • Full Address: 3 Russell Rd
  • Address - House Number: 3
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4011
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $950,700

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 730,846
  • High Value: 859,768
  • Low Value: 601,924

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $571,000
  • Assessed Land Value: $364,700
  • Assessed Improvements Value: $206,300

    Sales

  • Current Sale Recording Date: Oct 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 34
  • Current Sale Input Document Number: 172661
  • Previous Sale Recording Date: Aug 17, 2012
  • Previous Sale Amount: $350,000
  • 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 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

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71385216

Frequently Asked Questions

When was property at 3 Russell Road built and last sold?
The property at 3 Russell Road was built in 1954 and last sold on Jan 1, 1970 for $373,838.
How much is this home worth?
The estimated value of the home located at 3 Russell Road is $380,542.
What are some comparable homes to 3 Russell Road?
There are currently no comparable homes to 3 Russell Road.
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