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Middlesex
5 Wayne Road
$650,000
● House - Off Market

5 Wayne Road

Westford, MA 01886
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,920 Ft²
$483,737
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Fantastic location in quiet neighborhood with a countryside feel. Split level home that has been in the same family for 50 years. Needs updating but house has has been well maintained and has great potential. The property is set back off the road on a large level lot with plenty of space and a bonus storage shed in the back lawn. 4 bedrooms and 1 bathroom. Finished basement with bar area, fireplace, bedroom and utility room. Oversized 2 car garage with stairs up to storage area overhead. Large & beautiful private lot with a back deck. Nice garden with mature perennial plants. Good commuter location-close to route 495 and routes 2 & 3. Close to the Bruce Freeman bike trail and Butter Brook Golf Club. Open Houses on Sat 4/9 and Sun 4/10 from 12 noon-2 pm each day. Offer deadline is 5 pm on Monday April 11th.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$250
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1970

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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: 4 months ago (MLSPIN #72963726)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Apr 6, 2022 Listed by SelectRE Boston $480,000
Listed by SelectRE Boston

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 7
  • Basement Area: 1,128
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,943
  • Total Building Area: 1,162
  • Gross Building Area: 2,530
  • Building Area: 1,162
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,162
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000894
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westford School District
  • Census Tract: 318400

Zoning

  • Zoning: RA

Geography

  • Parcel: WFOR M:0012.0 P:0076 S:0000
  • Municipality: WESTFORD
  • Latitude: 42.5542
  • Longitude: -71.4127

    Address

  • Full Address: 5 Wayne Rd
  • Address - House Number: 5
  • Address - Street Name: Wayne
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westford
  • Carrier Code: R001
  • 4-Digit Zip Code: 3618
  • Zip Code: 01886

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $726,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 675,454
  • High Value: 783,801
  • Low Value: 567,106

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,700
  • Assessed Land Value: $328,800
  • Assessed Improvements Value: $198,900

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21706
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

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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: 4 months ago
Data Source: MLS PIN, MLS# 72963726

Frequently Asked Questions

When was property at 5 Wayne Road built and last sold?
The property at 5 Wayne Road was built in 1970 and last sold on May 20, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 5 Wayne Road is $517,804.
What are some comparable homes to 5 Wayne Road?
There are currently no comparable homes to 5 Wayne Road.
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