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Cochituate 01778
32 Old Tavern Rd
$796,500
● House - Off Market

32 Old Tavern Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,076 Ft²
$1,030,080
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

One floor living in this beautifully updated and expanded full basement ranch in most desirable "Damon Farms" neighborhood. Open floor plan, cathedral ceilings, hardwood throughout. You'll love entertaining here inside and out! Plenty of room for guests, expansive kitchen open to casual living room with fireplace, formal dining room and a wonderful family room with exterior access. Three large BR's with hardwood and a luxurious master bedroom suite with spa like bath and plenty of closet space. Full basement with finished 4th BR or office, laundry room and loads of storage. Sunny back deck overlooking large fenced in yard, loads of room for the kids to run around. Oversized 2 car garage with extra storage. Convenient to Loker Elementary School, Mass Pike, Route 30 & Route 9.
Unit Size
2,076 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$385
Property Type
House
Property Taxes
$857
HOA Dues
-
Year Built
1959

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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: 6 months ago (MLSPIN #72706892)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Aug 10, 2020 Listed by Compass $799,000
Listed by Compass

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7
  • Basement Area: 892
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,863
  • Total Building Area: 1,816
  • Gross Building Area: 3,816
  • Building Area: 1,816
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,816
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000525
  • 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:52 L:111
  • Lot: 111
  • Municipality: WAYLAND
  • Latitude: 42.3195
  • Longitude: -71.3484

    Address

  • Full Address: 32 Old Tavern Rd
  • Address - House Number: 32
  • Address - Street Name: Old Tavern
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C017
  • 4-Digit Zip Code: 5033
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,410,900

    Appraisal Valuation

  • Standard Deviation: 0.158
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,101,038
  • High Value: 1,275,009
  • Low Value: 927,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $847,400
  • Assessed Land Value: $459,100
  • Assessed Improvements Value: $388,300

    Sales

  • Current Sale Contract Date: Oct 22, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 201017
  • Previous Sale Recording Date: May 25, 2016
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72706892

Frequently Asked Questions

When was property at 32 Old Tavern Road built and last sold?
The property at 32 Old Tavern Road was built in 1959 and last sold on Oct 22, 2020 for $796,500.
How much is this home worth?
The estimated value of the home located at 32 Old Tavern Road is $818,449.
What are some comparable homes to 32 Old Tavern Road?
There are currently no comparable homes to 32 Old Tavern Road.
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