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Cochituate 01778
31-33 Mathews Dr.
$342,500
● House - Off Market

31-33 Mathews Dr.

Wayland, MA 01778
bedrooms
2 Beds
bathrooms
1 Bath
square feet
856 Ft²
$753,367
RealtyHop Estimate
106.40%
Since Oct 1, 2012
MA-Boston
Primary Model

About This Property

A fantastic unique property consisting of a 2 bedroom bungalow and a seperate studio cottage on .44 acres of land. Walk to Dudley pond at the end of the road. The bugalow has 2 bedrooms updated kitchen, living room, bath and a beautifully landscaped private yard. The studio cottage has a bedroom/sitting room, kitchen and bath with lots of privacy. The cottage is currently rented. A very private fenced lot, beautifully landscaped, sprinkler system, water garden, fish pond with several Koi fish.
Unit Size
856 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$426
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1925

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Last updated: 4 months ago (MLSPIN #71224689)

Price History

Date / Event Date Event Price
Aug 15, 2025 Sold
Sold
Aug 1, 2025 In contract -
In contract
Jun 21, 2025 Listed $865,000
Listed
Rare opportunity with 2 houses steps from the water in beautiful Wayland MA! 31 Mathews Dr is an updated 2 bed 1 bath and 33 Mathews is a separate house with its own driveway and lawn sitting on the same .44 acres of gorgeous landscape. Investors look no further the studio house alone has consistently averaged over 6k per month over the past 10 plus years on its own! Owner also did short term leasing with the main house for a couple of those years and generated 10k per month while only listing on the 2 major sites and not allowing pets! Must see outdoor landscaping includes waterfall koi pond, outdoor kitchen grilling areas, in ground mini pool with filter, private cabana area and fire pit. Inside has gas heat and cooking, central ac, automated blinds and modern updated improvements. Buyer responsible for Title 5. The studio is rented every night but was quoted 20k to update 2 tanks into one.
Mar 17, 2025 Temporarily off market -
Temporarily off market
Jul 22, 2024 Listed by Simply Sell Realty $849,000
Listed by Simply Sell Realty
No flood insurance required. Selling for 20k below its estimated value! Private showings to pre qualified buyers who have done a drive by. Unique opportunity to own 2 unattached homes on almost half an acre of land in beautiful Wayland, just yards from Dudley Pond! Tranquil 2 bed 1 bath along with a proven income cash cow studio home which alone will more than pay your mortgage and then some with little or no work. Extras include waterfall koi pond, mini inground pool, outdoor kitchen and cabana area, fire pit, gas heat, central AC air, high end tile finishes, automatic blinds, many brand new appliances, mostly fenced yard, tankless hot water heater and much more.
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 2
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,373
  • Total Building Area: 1,012
  • Gross Building Area: 1,068
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000445
  • 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:47C L:010
  • Lot: 10
  • Municipality: WAYLAND
  • Latitude: 42.3272
  • Longitude: -71.3664

    Address

  • Full Address: 31 Mathews Dr
  • Address - House Number: 31
  • Address - Street Name: Mathews
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wayland
  • Carrier Code: C007
  • 4-Digit Zip Code: 4421
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $962,900
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 944,152
  • High Value: 1,017,310
  • Low Value: 870,993

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $578,300
  • Assessed Land Value: $407,300
  • Assessed Improvements Value: $171,000

    Sales

  • Current Sale Recording Date: Sep 04, 2012
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000018
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cochituate


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Frequently Asked Questions

When was property at 31 Mathews Drive built and last sold?
The property at 31 Mathews Drive was built in 1925 and last sold on Jan 1, 1970 for $342,500.
How much is this home worth?
The estimated value of the home located at 31 Mathews Drive is $863,920.
What are some comparable homes to 31 Mathews Drive?
There are currently no comparable homes to 31 Mathews Drive.