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Middlesex 01778
50 Old Connecticut Path
$1,300,000
● House - Off Market

50 Old Connecticut Path

Wayland, MA 01778
bedrooms
5 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
6,001 Ft²
$2,631,618
RealtyHop Estimate
81.49%
Since Sep 1, 2014
MA-Boston
Primary Model

About This Property

Located on a beautiful, scenic country road, this sprawling and expansive custom-built Cape has over 6,000 square feet of fabulous, quality living space including a grand two-story foyer, a large eat-in kitchen with Rutt cabinets and an adjoining family room with a cathedral ceiling and stunning stone fireplace. A charming first floor master suite includes a large walk-in closet and master bath. A versatile second master suite option exists or this grand space can be used as a spacious upstairs recreation room for all to enjoy. This twelve room, five bedroom home is sited on a spectacular, level 1.5 acre lot on the Weston border and has easy access to commuting routes and the sensational new Wayland Town Center shopping and restaurants.
Unit Size
6,001 Ft²
Days on Market
-
Land Size
1.48 acres
Price per sqft
$242
Property Type
House
Property Taxes
$2,068
HOA Dues
-
Year Built
1991

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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 #71661120)

Price History

Date / Event Date Event Price
Aug 28, 2014 Sold
Premium
Sold
Apr 15, 2014 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $1,450,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.
Mar 17, 2004 Sold
Premium
Sold
Sep 8, 2003 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $1,989,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 2,442
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,356
  • Total Building Area: 5,787
  • Gross Building Area: 11,636
  • Building Area: 5,787
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 5,787
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PATH
  • Land Acres: 0000001477
  • 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: 366202

Zoning

  • Zoning: R60

Geography

  • Parcel: WAYL M:30 L:057B
  • Lot: 57B
  • Municipality: WAYLAND
  • Latitude: 42.3572
  • Longitude: -71.3397

    Address

  • Full Address: 50 Old Connecticut Path
  • Address - House Number: 50
  • Address - Street Name: Old Connecticut
  • Address - Suffix Type: Path
  • State: MA
  • City Name: Wayland
  • Carrier Code: C008
  • 4-Digit Zip Code: 2803
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,994,000

    Appraisal Valuation

  • Standard Deviation: 0.158
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 2,208,809
  • High Value: 2,557,814
  • Low Value: 1,859,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,798,200
  • Assessed Land Value: $523,100
  • Assessed Improvements Value: $1,275,100

    Sales

  • Current Sale Recording Date: Aug 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130437
  • Previous Sale Recording Date: Mar 17, 2004
  • Previous Sale Amount: $1,810,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$819,000

Sale Price/ft²

$440

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2707 ft²

Average Home Age

65 years

Currently For Sale

3272 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# 71661120

Frequently Asked Questions

When was property at 50 Old Connecticut Path built and last sold?
The property at 50 Old Connecticut Path was built in 1991 and last sold on Jan 1, 1970 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 50 Old Connecticut Path is $1,474,059.
What are some comparable homes to 50 Old Connecticut Path?
There are currently no comparable homes to 50 Old Connecticut Path.
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