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Cochituate 01778
323 Old Connecticut Path
$405,000
● House - Off Market

323 Old Connecticut Path

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,134 Ft²
$753,914
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

A classic Cape offers comfortable and affordable living in Wayland, located in the Happy Hollow School District. Natural gas heat, hot water and cooking. Central A/C. Nicely appointed eat-in kitchen adjoins 17x11-foot screened breezeway leading to private wooded back yard for summer barbecues. Hardwood floors in formal dining room and generous-sized living room with wood-burning fireplace. Two finished rooms in full basement with wall-to-wall carpeting & recessed lighting; presently used as family-room and excercise room. Front-to-back utility room has huge workbench for the hobbyist or handyman. Home has an amazing amount of storage space plus an outdoor shed for your gardening tools and outdoor furniture. House sits back from road and location offers ideal commuting to MA Pike & Rts. 9, 27, 20 and 30.
Unit Size
1,134 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$366
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1955

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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 #71639450)

Price History

Date / Event Date Event Price
Jun 2, 2014 Sold
Premium
Sold
Mar 3, 2014 Listed by Coldwell Banker Residential Brokerage - Framingham $415,000
Listed by Coldwell Banker Residential Brokerage - Framingham
Aug 22, 1997 Sold
Premium
Sold
May 30, 1997 Listed by Coldwell Banker Residential Brokerage - Framingham $229,900
Listed by Coldwell Banker Residential Brokerage - Framingham

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 336
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,412
  • Total Building Area: 1,260
  • Gross Building Area: 2,958
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000469
  • 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:42B L:004
  • Lot: 4
  • Municipality: WAYLAND
  • Latitude: 42.3365
  • Longitude: -71.3742

    Address

  • Full Address: 323 Old Connecticut Path
  • Address - House Number: 323
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 3430
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $994,000

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 750,085
  • High Value: 882,400
  • Low Value: 617,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $597,000
  • Assessed Land Value: $365,300
  • Assessed Improvements Value: $231,700

    Sales

  • Current Sale Recording Date: Jun 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 72546
  • Previous Sale Recording Date: Aug 22, 1997
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: 27
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

$462

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2564 ft²

Average Home Age

81.8 years

Currently For Sale

16 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: 5 months ago
Data Source: MLS PIN, MLS# 71639450

Frequently Asked Questions

When was property at 323 Old Connecticut Path built and last sold?
The property at 323 Old Connecticut Path was built in 1955 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 323 Old Connecticut Path is $424,694.
What are some comparable homes to 323 Old Connecticut Path?
There are currently no comparable homes to 323 Old Connecticut Path.
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