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Middlesex 01778
35 Millbrook Rd
$670,000
● House - Off Market

35 Millbrook Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,776 Ft²
$975,676
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Access the Massachusetts Central Rail Trail safely & easily from the convenience of your own backyard. Town Center location close to shopping, library, town buildings, schools, and Mill Pond where residents go to fish & ice skate. Newly remodeled white kitchen boasts light granite, stainless steel appliances, and gas range for the home chef. Tremendous expansion opportunity with its partially finished lower level and a 4-bedroom septic already installed. Hardwood floors throughout. Ideal for indoor/outdoor entertaining, recreational activities, and relaxing. Perfect for small families, empty-nesters, extended family, and outdoor enthusiasts. Come see what life is like on the rail trail!
Unit Size
2,776 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$247
Property Type
House
Property Taxes
$926
HOA Dues
-
Year Built
1987

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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 #72551339)

Price History

Date / Event Date Event Price
Nov 22, 2019 Sold
Premium
Sold
Aug 17, 2019 Listed by Engel & Volkers Wellesley $685,000
Listed by Engel & Volkers Wellesley
Apr 25, 2017 Sold
Premium
Sold
Feb 16, 2017 Listed by Engel & Volkers Wellesley $624,900
Listed by Engel & Volkers Wellesley
Oct 2, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,106
  • Total Building Area: 2,228
  • Gross Building Area: 3,624
  • Building Area: 2,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,228
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000691
  • 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:24 L:104
  • Lot: 104
  • Municipality: WAYLAND
  • Latitude: 42.3656
  • Longitude: -71.3547

    Address

  • Full Address: 35 Millbrook Rd
  • Address - House Number: 35
  • Address - Street Name: Millbrook
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C018
  • 4-Digit Zip Code: 2214
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,325,200

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 986,282
  • High Value: 1,160,087
  • Low Value: 812,477

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,900
  • Assessed Land Value: $431,800
  • Assessed Improvements Value: $364,100

    Sales

  • Current Sale Contract Date: Nov 19, 2019
  • Current Sale Recording Date: Nov 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 184509
  • Previous Sale Recording Date: Apr 25, 2017
  • Previous Sale Amount: $642,000
  • 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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72551339

Frequently Asked Questions

When was property at 35 Millbrook Road built and last sold?
The property at 35 Millbrook Road was built in 1987 and last sold on Nov 19, 2019 for $670,000.
How much is this home worth?
The estimated value of the home located at 35 Millbrook Road is $730,525.
What are some comparable homes to 35 Millbrook Road?
There are currently no comparable homes to 35 Millbrook Road.
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