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Middlesex 01778
54 Sears Road
$1,255,000
● House - Off Market

54 Sears Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
4,406 Ft²
$2,003,269
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Freshly updated four bedroom garrison style colonial in the sought after Sears Rd neighborhood. Beautiful,newly renovated, modern kitchen/family room and finished basement with home gym  and recreation room. Large front to back  living room with gas fireplace, dining room and private home office, tiled mudroom with garage access and sweetly updated powder room complete the first floor. The second floor features a lovely master suite with Carrara marble bath, gas fireplace and walk in closet, three additional large bedrooms with great built in storage and family bath. Step outside to an expansive, professionally landscaped yard with in-ground salt water pool. New windows throughout. Don't miss this wonderful move in ready home!
Unit Size
4,406 Ft²
Days on Market
-
Land Size
1.57 acres
Price per sqft
$293
Property Type
House
Property Taxes
$1,612
HOA Dues
-
Year Built
1958

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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: 4 months ago (MLSPIN #72169899)

Price History

Date / Event Date Event Price
Aug 28, 2017 Sold
Premium
Sold
May 24, 2017 Listed by Coldwell Banker Residential Brokerage - Weston $1,289,000
Listed by Coldwell Banker Residential Brokerage - Weston
Jul 31, 2013 Sold
Premium
Sold
Jun 12, 2013 Listed by Coldwell Banker Residential Brokerage - Weston $1,225,000
Listed by Coldwell Banker Residential Brokerage - Weston
Jun 27, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 286
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,276
  • Total Building Area: 3,289
  • Gross Building Area: 5,473
  • Building Area: 3,289
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,289
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001567
  • 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: 366201

Zoning

  • Zoning: R60

Geography

  • Parcel: WAYL M:16 L:004
  • Lot: 4
  • Municipality: WAYLAND
  • Latitude: 42.3773
  • Longitude: -71.3431

    Address

  • Full Address: 54 Sears Rd
  • Address - House Number: 54
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C003
  • 4-Digit Zip Code: 1714
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,332,700

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,764,271
  • High Value: 2,077,890
  • Low Value: 1,450,652

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,401,000
  • Assessed Land Value: $603,700
  • Assessed Improvements Value: $797,300

    Sales

  • Current Sale Contract Date: Aug 13, 2017
  • Current Sale Recording Date: Aug 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1769077
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $1,162,500
  • Previous Sale Document Type: O
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

2683 ft²

Average Home Age

62.9 years

Currently For Sale

3239 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: 4 months ago
Data Source: MLS PIN, MLS# 72169899

Frequently Asked Questions

When was property at 54 Sears Road built and last sold?
The property at 54 Sears Road was built in 1958 and last sold on Aug 13, 2017 for $1,255,000.
How much is this home worth?
The estimated value of the home located at 54 Sears Road is $1,345,907.
What are some comparable homes to 54 Sears Road?
There are currently no comparable homes to 54 Sears Road.
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