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Cochituate 01778
4 School Street
$565,000
● House - Off Market

4 School Street

Wayland, MA 01778
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,216 Ft²
$3,635
Est. Monthly

About This Property

Nicely updated ranch in a great location.  Fireplaced living room with hardwood floors & picture window. Kitchen with stainless steel appliances, granite & tile floor. Dining room with hardwood floors. Front to back family room with exterior access, tile floor & beamed ceiling. Fireplaced lower level bedroom with LVL flooring. Huge two car garage. Convenient location to stroll over to restaurants, access to major routes. Freshly painted throughout, All this and more located on a nice level, flat lot.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.79 acres
Price per sqft
$485
Property Type
House
Property Taxes
$738
HOA Dues
-
Year Built
1950

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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 #73266169)

Price History

Date / Event Date Event Price
Sep 11, 2024 Sold
Premium
Sold
Aug 30, 2024 In contract -
In contract
Aug 15, 2024 Price Increased $589,900
↑ $280K (90.3%)
Price Increased
Aug 13, 2024 Relisted $310,000
Relisted
Aug 7, 2024 Withdrawn -
Withdrawn
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 12
  • 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: 436
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,292
  • Total Building Area: 976
  • Gross Building Area: 2,172
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 976
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000787
  • 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:174
  • Lot: 174
  • Municipality: WAYLAND
  • Latitude: 42.3221
  • Longitude: -71.3559

    Address

  • Full Address: 4 School St
  • Address - House Number: 4
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wayland
  • Carrier Code: C013
  • 4-Digit Zip Code: 4938
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $860,800

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 674,070
  • High Value: 796,273
  • Low Value: 551,868

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $517,000
  • Assessed Land Value: $410,600
  • Assessed Improvements Value: $106,400

    Sales

  • Current Sale Recording Date: May 11, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00075311
  • Previous Sale Recording Date: Apr 10, 2007
  • Previous Sale Amount: $20,000
  • 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

$457

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2560 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# 73266169

Frequently Asked Questions

When was property at 4 School Street built and last sold?
The property at 4 School Street was built in 1950 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 4 School Street is $587,579.
What are some comparable homes to 4 School Street?
There are currently no comparable homes to 4 School Street.
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