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Middlesex 01778
63 Plain Road
$842,500
● House - Off Market

63 Plain Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,544 Ft²
$844,934
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

63 Plain Rd will charm you with is arched doorways, sunny rooms, hardwood floors and fresh paint inside and out.  The first floor features a traditional front to back living room with wood burning fireplace and french doors, dining room with adjacent light filled kitchen and convenient first floor bedroom with half bath. Head upstairs to find three additional bedrooms, full bath and coveted home office space.  Wonderful Plain Rd location within walking distance to the Wayland Rail Trail, town center, library and Clay Pit Hill Elementary School. Entertain and enjoy a lovely level yard from the new expansive 2020 deck.
Unit Size
1,544 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$485
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1940

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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 years ago (MLSPIN #72892250)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Sep 9, 2021 Listed by Compass $749,000
Listed by Compass
Oct 29, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 660
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,768
  • Total Building Area: 1,544
  • Gross Building Area: 2,424
  • Building Area: 1,544
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,544
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • 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: R40

Geography

  • Parcel: WAYL M:24 L:156
  • Lot: 156
  • Municipality: WAYLAND
  • Latitude: 42.3677
  • Longitude: -71.3495

    Address

  • Full Address: 63 Plain Rd
  • Address - House Number: 63
  • Address - Street Name: Plain
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C015
  • 4-Digit Zip Code: 2311
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,106,700

    Appraisal Valuation

  • Standard Deviation: 0.1561
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 867,752
  • High Value: 1,003,284
  • Low Value: 732,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,700
  • Assessed Land Value: $475,300
  • Assessed Improvements Value: $189,400

    Sales

  • Current Sale Contract Date: Nov 05, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 242965
  • Previous Sale Recording Date: Oct 29, 1997
  • Previous Sale Amount: $325,000
  • 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:

$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: 5 years ago
Data Source: MLS PIN, MLS# 72892250

Frequently Asked Questions

When was property at 63 Plain Road built and last sold?
The property at 63 Plain Road was built in 1940 and last sold on Nov 5, 2021 for $842,500.
How much is this home worth?
The estimated value of the home located at 63 Plain Road is $762,724.
What are some comparable homes to 63 Plain Road?
There are currently no comparable homes to 63 Plain Road.
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