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Middlesex 01778
6 Springhill Road
Photo of 6 Springhill Road
Sold on Jul 15, 2005

1

Map

$498,000
● House - Off Market

6 Springhill Road

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,428 Ft²
$915,495
RealtyHop Estimate
76.23%
Since Aug 1, 2005
MA-Boston
Primary Model

About This Property

LOCATION!  Move right in to this well maintained six-room Cape located on a large, level 1.36-acre lot in a wonderful neighborhood setting.  First floor bedroom/den and full bath; 2 bedrooms and full bath upstairs; fireplaced living room, separate dining room, eat-in kitchen.  Refinished hardwood floors and new windows throughout; interior freshly painted. Convenient access to major routes.  Title V in hand.
Unit Size
1,428 Ft²
Days on Market
-
Land Size
1.36 acres
Price per sqft
$364
Property Type
House
Property Taxes
$464
HOA Dues
-
Year Built
1950

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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 #70175692)

Price History

Date / Event Date Event Price
Jul 18, 2005 Sold
Premium
Sold
Apr 18, 2005 Listed $519,500
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 552
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 59,240
  • Total Building Area: 1,428
  • Gross Building Area: 2,448
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001360
  • 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: R40

Geography

  • Parcel: WAYL M:24 L:043
  • Lot: 43
  • Municipality: WAYLAND
  • Latitude: 42.3634
  • Longitude: -71.3485

    Address

  • Full Address: 6 Springhill Rd
  • Address - House Number: 6
  • Address - Street Name: Springhill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C008
  • 4-Digit Zip Code: 2308
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,209,000

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 875,632
  • High Value: 1,012,395
  • Low Value: 738,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $726,100
  • Assessed Land Value: $518,800
  • Assessed Improvements Value: $207,300

    Sales

  • Current Sale Recording Date: Jul 18, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00150679
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

2699 ft²

Average Home Age

64.7 years

Currently For Sale

3156 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70175692

Frequently Asked Questions

When was property at 6 Springhill Road built and last sold?
The property at 6 Springhill Road was built in 1950 and last sold on Jan 1, 1970 for $498,000.
How much is this home worth?
The estimated value of the home located at 6 Springhill Road is $529,798.
What are some comparable homes to 6 Springhill Road?
There are currently no comparable homes to 6 Springhill Road.
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