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Cochituate 01778
361 Old Connecticut Path
$449,000
● House - Off Market

361 Old Connecticut Path

Wayland, MA 01778
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,035 Ft²
$475,969
RealtyHop Estimate
6.01%
Since Mar 1, 2023
MA-Boston
Primary Model

About This Property

Great price in desirable Wayland!!! Move right into this remodeled and charming home close to commuter routes and every convenience. Great floor plan makes use of the space and gives you a large living/dining/kitchen area great for entertaining or relaxing. Roomy bedrooms and an office with slider to the outdoors. Step out onto the patio which has room for a garden. The lower level offers a large bonus room with a second fireplace and laundry. This home comes fully applianced including washer and dryer. Highly rated Wayland schools, great commuter location and less than 2 miles to the town beach. Take the sidewalk out front to Sycamore Street to access a great Dudley Pond neighborhood.
Unit Size
1,035 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$434
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1931

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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 #73039337)

Price History

Date / Event Date Event Price
Feb 14, 2023 Sold
Premium
Sold
Sep 21, 2022 Listed by eXp Realty $449,000
Listed by eXp Realty
Feb 20, 2009 Sold
Premium
Sold
Dec 1, 2008 Listed by eXp Realty $244,900
Listed by eXp Realty
Mar 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 1
  • 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: 460
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,454
  • Total Building Area: 1,035
  • Gross Building Area: 2,024
  • Building Area: 1,035
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,035
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COCHITUATE
  • Land Acres: 0000000102
  • 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

  • Account Number: 2420
  • Parcel: WAYL M:42D L:003
  • Lot: 3
  • Municipality: WAYLAND
  • Latitude: 42.3349
  • Longitude: -71.3768

    Address

  • Full Address: 361 Old Connecticut Path
  • Address - House Number: 361
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 3429
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $651,000

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 94
  • Final Value: 526,580
  • High Value: 567,382
  • Low Value: 485,777

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $391,000
  • Assessed Land Value: $242,800
  • Assessed Improvements Value: $148,200

    Sales

  • Current Sale Contract Date: Feb 13, 2023
  • Current Sale Recording Date: Feb 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15483
  • Previous Sale Recording Date: Feb 20, 2009
  • Previous Sale Amount: $250,000
  • 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:

$939,000

Sale Price/ft²

$461

Below Asking

0.02%

Average Days on Market

54

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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73039337

Frequently Asked Questions

When was property at 361 Old Connecticut Path built and last sold?
The property at 361 Old Connecticut Path was built in 1931 and last sold on Feb 13, 2023 for $449,000.
How much is this home worth?
The estimated value of the home located at 361 Old Connecticut Path is $447,537.
What are some comparable homes to 361 Old Connecticut Path?
There are currently no comparable homes to 361 Old Connecticut Path.
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