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Cochituate 01778
31 Joyce Rd
$1,047,000
● House - Off Market

31 Joyce Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,048 Ft²
$939,783
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

The ease of one floor living awaits in this magnificent, updated Contemporary home!  Flooded with natural sunlight from an abundance of windows and skylights & situated on almost a half-acre of land, this home boasts 3 bedrooms and 2 full baths, a large living room with fireplace, dining room, plentiful built-ins, a spacious family room and a kitchen that you will enjoy for years to come.  Plenty of room for outdoor entertaining in your backyard and patio!  Recent updates throughout including, hardwood flooring(2021), electric car charger(2021), new gutters(2021), newer roof(2019), tankless hot water heater(2021) & HVAC unit.    Enjoy all that the highly desirable town of Wayland has to offer- from highly rated schools, beautiful conservation land and easy access to shopping and top commuting routes.
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$452
Property Type
House
Property Taxes
$994
HOA Dues
-
Year Built
1966

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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 #72972984)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Robert Koritz Real Estate $924,900
Listed by Robert Koritz Real Estate
Aug 16, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Robert Koritz Real Estate $785,000
Listed by Robert Koritz Real Estate
Oct 28, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 5
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,100
  • Total Building Area: 2,048
  • Gross Building Area: 2,584
  • Building Area: 2,048
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,048
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000461
  • 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:47D L:036
  • Lot: 36
  • Municipality: WAYLAND
  • Latitude: 42.328
  • Longitude: -71.3607

    Address

  • Full Address: 31 Joyce Rd
  • Address - House Number: 31
  • Address - Street Name: Joyce
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4515
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,228,900

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,040,582
  • High Value: 1,225,557
  • Low Value: 855,607

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $738,100
  • Assessed Land Value: $446,900
  • Assessed Improvements Value: $291,200

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1916451
  • Previous Sale Recording Date: Aug 16, 2021
  • Previous Sale Contract Date: Jul 29, 2021
  • Previous Sale Amount: $851,500
  • 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:

$944,000

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2624 ft²

Average Home Age

79.7 years

Currently For Sale

19 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: 4 months ago
Data Source: MLS PIN, MLS# 72972984

Frequently Asked Questions

When was property at 31 Joyce Road built and last sold?
The property at 31 Joyce Road was built in 1966 and last sold on Jun 17, 2022 for $1,047,000.
How much is this home worth?
The estimated value of the home located at 31 Joyce Road is $919,632.
What are some comparable homes to 31 Joyce Road?
There are currently no comparable homes to 31 Joyce Road.
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