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Cochituate 01778
7 Gage Road
Photo of 7 Gage Road

41

Map

Photo of 7 Gage Road
Photo of 7 Gage Road
$949,000
● House - In Contract

7 Gage Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,084 Ft²
$5,624
Est. Monthly

About This Property

Four-bedroom multi-level home on a peaceful Cochituate cul-de-sac. The front living room is filled with natural light and features a picture window and wood-burning fireplace. The updated cherry kitchen has granite countertops and opens to the dining room and window-lined family room. The second floor offers three bedrooms and a full bath, with 2.5 updated baths in total. The lower level includes an office/den, bedroom, second full bath, and laundry.Recent updates include a 2017 high-efficiency Veissmann boiler with on-demand hot water heater, a 2023 roof, and a 2024 whole-home water purification system. Fresh paint throughout and newly refinished hardwood flooring. A new four-bedroom septic system will be installed at the seller's expense prior to closing. Located near Cochituate ball field and Wayland Town Beach
Unit Size
2,084 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$455
Property Type
House
Property Taxes
$963
HOA Dues
-
Year Built
1954

Listed By

Eileen Balicki
Advisors Living - Weston

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Cap Rate Calculator

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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: 2 months ago (MLSPIN #73575339)

Price History

Date / Event Date Event Price
Sep 16, 2026 In contract -
In contract
Sep 10, 2026 Listed by Gibson Sotheby's International Realty $949,000
Listed by Gibson Sotheby's International Realty
May 19, 2004 Sold
Premium
Sold
Mar 5, 2004 Listed by Gibson Sotheby's International Realty $539,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Garage
Parking Available
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Paved, Off Street
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bathroom, Home Office
Appliances: Gas Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Laundry Closet, In Basement, Electric Dryer Hookup, Washer Hookup
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Full
Exterior Details
Has Property Attached
Square Footage: 2084
Architectural Style: Split Entry
Year Built Source: Public Records
Year Built: 1954
Waterfront Features: Lake/Pond, Walk to, Beach Ownership(Public)
Building Area Total: 2084
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Lot Features: Sloped
Lot Size Area: 0.29
Lot Size Units: Acres
Lot Size Acres: 0.29
Lot Size Square Feet: 12800
Water Source: Public
Financial Details
Tax Assessed Value: $779,600
Tax Annual Amount: $11,561
Utilities Details
Cooling Type: Heat Pump
Heating Type: Baseboard, Heat Pump
Sewer : Private Sewer

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 9
  • Basement Area: 576
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,800
  • Total Building Area: 1,548
  • Gross Building Area: 3,096
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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:50 L:005
  • Lot: 5
  • Municipality: WAYLAND
  • Latitude: 42.3202
  • Longitude: -71.3736

    Address

  • Full Address: 7 Gage Rd
  • Address - House Number: 7
  • Address - Street Name: Gage
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C007
  • 4-Digit Zip Code: 4713
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,075,400

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 828,028
  • High Value: 973,944
  • Low Value: 682,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,900
  • Assessed Land Value: $352,600
  • Assessed Improvements Value: $293,300

    Sales

  • Current Sale Recording Date: May 19, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 126024
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:

$935,000

Sale Price/ft²

$455

Below Asking

0.02%

Average Days on Market

53

Average Home Size

2677 ft²

Average Home Age

83.3 years

Currently For Sale

13 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: 2 months ago
Data Source: MLS PIN, MLS# 73575339

Frequently Asked Questions

When was property at 7 Gage Road built and last sold?
The property at 7 Gage Road was built in 1954 and last sold on Jan 1, 1970 for $522,500.
How much is this home worth?
The estimated value of the home located at 7 Gage Road is $929,124.
What are some comparable homes to 7 Gage Road?
There are currently no comparable homes to 7 Gage Road.
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