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Cochituate 01778
5 Emerson Road
$454,000
● House - Off Market

5 Emerson Road

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$800,854
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Comfortable and easy one floor living at it's best in this bright and sunny L shaped Ranch on a beautiful corner lot. Fenced back yard with attached screened in porch. Oversized 2 car garage with plenty of storage. Updated kitchen & 2 full baths, newly carpeted family room with bay window, living room with skylight and wood fireplace. Desirable South side neighborhood, walk to Dudley Pond/Lake Cochituate, near Happy Hollow, Middle and High school. Conveniently located near Mass Pike, Route  9 shopping and restaurants.
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$323
Property Type
House
Property Taxes
$666
HOA Dues
-
Year Built
1954

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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 #71806718)

Price History

Date / Event Date Event Price
Jun 12, 2015 Sold
Premium
Sold
Mar 26, 2015 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $459,900
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.
Jul 30, 2003 Sold
Premium
Sold
May 1, 2001 Sold
Premium
Sold
Jan 28, 2001 Listed $339,900
Listed
DELIGHTFUL 3 BEDROOM RANCH WITH NEUTRAL DECOR. BEAUTIFULLY UPDATED KITCHEN WITH CORIAN COUNTERTOPS AND SKYLITE. FAMILY ROOM, 3 SEASON PORCH AND 2 CAR GARAGE. GREAT CORNER LOT. CONVENIENT SOUTHSIDE LOCATION

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,175
  • Total Building Area: 1,426
  • Gross Building Area: 2,186
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000371
  • 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: 4548
  • Parcel: WAYL M:46B L:074
  • Lot: 74
  • Municipality: WAYLAND
  • Latitude: 42.3314
  • Longitude: -71.3779

    Address

  • Full Address: 5 Emerson Rd
  • Address - House Number: 5
  • Address - Street Name: Emerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4042
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,044,600

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 774,029
  • High Value: 910,430
  • Low Value: 637,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $627,400
  • Assessed Land Value: $376,100
  • Assessed Improvements Value: $251,300

    Sales

  • Current Sale Recording Date: Jun 12, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90093
  • Previous Sale Recording Date: Jul 30, 2003
  • Previous Sale Amount: $433,500
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71806718

Frequently Asked Questions

When was property at 5 Emerson Road built and last sold?
The property at 5 Emerson Road was built in 1954 and last sold on Jan 1, 1970 for $454,000.
How much is this home worth?
The estimated value of the home located at 5 Emerson Road is $475,094.
What are some comparable homes to 5 Emerson Road?
There are currently no comparable homes to 5 Emerson Road.
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