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Cochituate 01778
6 Lakeview Road
$295,000
● House - Off Market

6 Lakeview Road

Wayland, MA 01778
bedrooms
1 Bed
bathrooms
1 Bath
square feet
744 Ft²
$476,609
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

Open House October 29 from 12:30-2 and October 30 from 11-12:30 A Little House That Feels Large  This 1+ bedroom cottage home is the perfect condo alternative in a great neighborhood. The house is just up the road from Dudley Pond, perfect for swimming. Three easily accessible sites on the pond are deeded for local boat storage -- for your kayak or canoe. Enjoy the water as well as spectacular views from interlocking aqueduct trails.  The house has a unique layout with high ceilings and several sky lights. Easy commute to local colleges, Boston or Cambridge. An updated kitchen, open living/dining room with fireplace, home office/ guest space, sun porch,.and bath make up the first floor. Lower level consist of a bedroom, laundry and storage room.  Come soon, this single family will sell quickly!
Unit Size
744 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$390
Property Type
House
Property Taxes
$337
HOA Dues
-
Year Built
1930

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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 #72086820)

Price History

Date / Event Date Event Price
Dec 1, 2016 Sold
Premium
Sold
Oct 27, 2016 Listed by Best Deal Realty, LLC $290,000
Listed by Best Deal Realty, LLC
May 30, 2013 Sold
Premium
Sold
Feb 1, 2013 Listed by Best Deal Realty, LLC $279,900
Listed by Best Deal Realty, LLC
Nov 25, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 18
  • 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: 213
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,600
  • Total Building Area: 744
  • Gross Building Area: 1,388
  • Building Area: 744
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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

  • Parcel: WAYL M:47B L:050
  • Lot: 50
  • Municipality: WAYLAND
  • Latitude: 42.3292
  • Longitude: -71.3633

    Address

  • Full Address: 6 Lakeview Rd
  • Address - House Number: 6
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C007
  • 4-Digit Zip Code: 4214
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605,400

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 487,117
  • High Value: 569,383
  • Low Value: 404,851

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $363,600
  • Assessed Land Value: $279,400
  • Assessed Improvements Value: $84,200

    Sales

  • Current Sale Recording Date: Dec 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1748051
  • Previous Sale Recording Date: May 30, 2013
  • Previous Sale Amount: $261,000
  • 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 Cochituate

Stats & Trends

Median Asking:

$939,000

Sale Price/ft²

$461

Below Asking

0.02%

Average Days on Market

54

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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72086820

Frequently Asked Questions

When was property at 6 Lakeview Road built and last sold?
The property at 6 Lakeview Road was built in 1930 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 6 Lakeview Road is $292,338.
What are some comparable homes to 6 Lakeview Road?
There are currently no comparable homes to 6 Lakeview Road.
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