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Middlesex 01778
58 Old Connecticut Path
$465,000
● Land - Off Market

58 Old Connecticut Path

Wayland, MA 01778
bedrooms
Studio
bathrooms
0 Bath
$1,250,926
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

Located on a coveted scenic road and surrounded by estate properties. Build your dream home on this magnificent flat level 1.39 acre lot bordered by specimen trees and pretty meadow views. Convenient location with easy access to all major highways and on the Weston/Wayland border.
Unit Size
-
Days on Market
-
Land Size
1.39 acres
Price per sqft
-
Property Type
Land
Property Taxes
$608
HOA Dues
-
Year Built
2012

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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 #71236586)

Price History

Date / Event Date Event Price
Mar 1, 2012 Sold
Premium
Sold
May 21, 2011 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $575,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.
Jun 30, 2006 Sold
Premium
Sold
Sep 9, 2005 Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd. $799,000
Listed by Benoit Mizner Simon & Co. - Weston - Boston Post Rd.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 7
  • 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: 840
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,436
  • Total Building Area: 4,422
  • Gross Building Area: 7,552
  • Building Area: 4,422
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,422
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHUMACHER PROPERTIES INC
  • Land Acres: 0000001387
  • 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:057A
  • Lot: 57A
  • Municipality: WAYLAND
  • Latitude: 42.3568
  • Longitude: -71.341

    Address

  • Full Address: 58 Old Connecticut Path
  • Address - House Number: 58
  • 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: $2,596,200

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,000,141
  • High Value: 2,325,356
  • Low Value: 1,674,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,559,300
  • Assessed Land Value: $520,500
  • Assessed Improvements Value: $1,038,800

    Sales

  • Current Sale Recording Date: Mar 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
  • Previous Sale Recording Date: Jun 30, 2006
  • Previous Sale Amount: $799,000
  • 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:

$815,000

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# 71236586

Frequently Asked Questions

When was property at 58 Old Connecticut Path built and last sold?
The property at 58 Old Connecticut Path was built in 2012 and last sold on Jan 1, 1970 for $465,000.
How much is this home worth?
The estimated value of the home located at 58 Old Connecticut Path is $580,750.
What are some comparable homes to 58 Old Connecticut Path?
There are currently no comparable homes to 58 Old Connecticut Path.
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