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Cochituate 01778
391 Old Connecticut Path
$481,000
● House - Off Market

391 Old Connecticut Path

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,883 Ft²
$1,105,400
RealtyHop Estimate
118.89%
Since Feb 1, 2012
MA-Boston
Primary Model

About This Property

Spacious Cape with open floor plan.  Front to back FP LR with cathedral ceiling, dining area adjacent to state of the art kitchen with SS app, granite counter top with island for the gourmet cook overlooking private fenced yard.  Two large BDRMS on 2nd floor, each with its own full bath.  Lots of built-ins, sky lights and closet space.  Large third bedroom on first floor.  LL has finished playroom, laundry and storage galore!
Unit Size
1,883 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$268
Property Type
House
Property Taxes
$758
HOA Dues
-
Year Built
1928

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71282266)

Price History

Date / Event Date Event Price
Jan 18, 2012 Sold
Premium
Sold
Sep 2, 2011 Listed by Sweeney & Schulz RE $505,000
Listed by Sweeney & Schulz RE
Oct 20, 2006 Sold
Premium
Sold
Mar 24, 2006 Listed by Sweeney & Schulz RE $345,900
Listed by Sweeney & Schulz RE
Jul 29, 2002 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 840
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,269
  • Total Building Area: 1,883
  • Gross Building Area: 3,644
  • Building Area: 1,883
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,883
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CASTLE GATE NORTH SEC
  • Land Acres: 0000000534
  • 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:42D L:006
  • Lot: 6
  • Municipality: WAYLAND
  • Latitude: 42.3336
  • Longitude: -71.3789

    Address

  • Full Address: 391 Old Connecticut Path
  • Address - House Number: 391
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4040
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,311,400

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 994,389
  • High Value: 1,170,261
  • Low Value: 818,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $787,600
  • Assessed Land Value: $375,500
  • Assessed Improvements Value: $412,100

    Sales

  • Current Sale Recording Date: Jan 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: Oct 20, 2006
  • Previous Sale Amount: $320,000
  • 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:

$944,000

Sale Price/ft²

$459

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2517 ft²

Average Home Age

80.6 years

Currently For Sale

18 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# 71282266

Frequently Asked Questions

When was property at 391 Old Connecticut Path built and last sold?
The property at 391 Old Connecticut Path was built in 1928 and last sold on Jan 1, 1970 for $481,000.
How much is this home worth?
The estimated value of the home located at 391 Old Connecticut Path is $544,337.
What are some comparable homes to 391 Old Connecticut Path?
There are currently no comparable homes to 391 Old Connecticut Path.
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