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Cochituate 01778
61 Dean Rd
$375,000
● House - Off Market

61 Dean Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,211 Ft²
$767,307
RealtyHop Estimate
119.36%
Since Mar 1, 2012
MA-Boston
Primary Model

About This Property

Can you really get an open-style, freshly remodeled house 3-bedroom in Wayland for this price?? New roof, new heating system & Rheem TANKLESS ON-DEMAND Hot Water, Gleaming hardwood floors, Granite / SS appliances, kitchen island, half bath off of Master. HUGE yard & a 3 Season Porch in a great neighborhood. The home you have been waiting for. Easy to show!! Please see preferred lender attachment. Offers to be collected and presented at 6PM 01/22, although seller has right to accept beforehand.
Unit Size
1,211 Ft²
Days on Market
-
Land Size
0.73 acres
Price per sqft
$289
Property Type
House
Property Taxes
$590
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: 5 months ago (MLSPIN #71327764)

Price History

Date / Event Date Event Price
Nov 9, 2021 Sold
Premium
Sold
Aug 24, 2021 Listed by AA Premier Properties, LLC $715,000
Listed by AA Premier Properties, LLC
Feb 24, 2012 Sold
Premium
Sold
Jan 16, 2012 Listed by AA Premier Properties, LLC $349,800
Listed by AA Premier Properties, LLC
Oct 28, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,152
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,816
  • Total Building Area: 1,204
  • Gross Building Area: 2,779
  • Building Area: 1,204
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,204
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000730
  • 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: R30

Geography

  • Parcel: WAYL M:52 L:073
  • Lot: 73
  • Municipality: WAYLAND
  • Latitude: 42.3184
  • Longitude: -71.3526

    Address

  • Full Address: 61 Dean Rd
  • Address - House Number: 61
  • Address - Street Name: Dean
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C017
  • 4-Digit Zip Code: 5021
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,126,900

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 879,708
  • High Value: 1,017,107
  • Low Value: 742,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $676,800
  • Assessed Land Value: $397,000
  • Assessed Improvements Value: $279,800

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 245275
  • Previous Sale Recording Date: Feb 24, 2012
  • Previous Sale Amount: $375,000
  • 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:

$937,000

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

55

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# 71327764

Frequently Asked Questions

When was property at 61 Dean Road built and last sold?
The property at 61 Dean Road was built in 1958 and last sold on Nov 9, 2021 for $820,000.
How much is this home worth?
The estimated value of the home located at 61 Dean Road is $720,489.
What are some comparable homes to 61 Dean Road?
There are currently no comparable homes to 61 Dean Road.
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