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Middlesex 01778
31 Concord Rd
$549,500
● House - Off Market

31 Concord Rd

Wayland, MA 01778
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,966 Ft²
$785,613
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

This bright ranch style home in a popular north side neighborhood boasts an abundance of living space both inside and out. On the main level are 2 light filled bedrooms, a full bath, white kitchen with ample cabinet and counter space, dining area and large living room with fireplace. The finished lower level with walkout has a full bath providing potential playroom, office or private living space for guests or extended family. Enjoy BBQing on your oversized deck and screened in porch or entertaining in the large backyard by the pool. Attached garage, air conditioning, and access to Top Wayland schools.   All this is just minutes to shopping/restaurants in the town center, the library and new rail trail bike path. This home is the complete package!
Unit Size
1,966 Ft²
Days on Market
-
Land Size
1.45 acres
Price per sqft
$280
Property Type
House
Property Taxes
$868
HOA Dues
-
Year Built
1953

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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 #72562790)

Price History

Date / Event Date Event Price
Dec 6, 2019 Sold
Premium
Sold
Sep 13, 2019 No longer available -
No longer available
Sep 11, 2019 Listed by Coldwell Banker Residential Brokerage - Weston $549,500
Listed by Coldwell Banker Residential Brokerage - Weston
Aug 20, 2019 Relisted $574,900
Relisted
Aug 9, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 9
  • Basement Area: 836
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,049
  • Total Building Area: 1,210
  • Gross Building Area: 2,783
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001447
  • 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: 366201

Zoning

  • Zoning: R30

Geography

  • Parcel: WAYL M:23 L:086
  • Lot: 86
  • Municipality: WAYLAND
  • Latitude: 42.3682
  • Longitude: -71.3595

    Address

  • Full Address: 31 Concord Rd
  • Address - House Number: 31
  • Address - Street Name: Concord
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C015
  • 4-Digit Zip Code: 1914
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,206,800

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 846,360
  • High Value: 978,729
  • Low Value: 713,991

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $724,800
  • Assessed Land Value: $458,800
  • Assessed Improvements Value: $266,000

    Sales

  • Current Sale Contract Date: Nov 21, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 192462
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Amount: $510,000
  • 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:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2674 ft²

Average Home Age

65.6 years

Currently For Sale

3333 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# 72562790

Frequently Asked Questions

When was property at 31 Concord Road built and last sold?
The property at 31 Concord Road was built in 1953 and last sold on Nov 21, 2019 for $549,500.
How much is this home worth?
The estimated value of the home located at 31 Concord Road is $573,379.
What are some comparable homes to 31 Concord Road?
There are currently no comparable homes to 31 Concord Road.
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