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Cochituate 01778
7 Griffin Circle
$785,000
● House - Off Market

7 Griffin Circle

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,200 Ft²
$1,184,770
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Terrific and Bright  straight Contemporary Ranch with recent major renovations including new cook's kitchen, 3 new bathrooms and finished basement. There is a lovely dining room with cathedral ceiling leading to the front deck with connected gas grill. The property also boasts a family room with cathedral ceiling off the kitchen, living room with fireplace and adjoining glass french doors, and a generous screened back porch which opens to a wonderful back and side yards. There are hardwood floors, a first floor laundry, a two-car attached garage with direct-entry, and an underground sprinkler system. Bonus back walkway to the town beach (Lake Cochituate). Wayland has an excellent school system, a new high school, and new town center. Easy access to Mass Pike and Route 9 & 128.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$250
Property Type
House
Property Taxes
$1,017
HOA Dues
-
Year Built
1988

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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 #72304575)

Price History

Date / Event Date Event Price
Jun 22, 2018 Sold
Premium
Sold
Apr 6, 2018 Listed by Hammond Residential Real Estate $799,900
Listed by Hammond Residential Real Estate
Dec 18, 2013 Sold
Premium
Sold
Oct 16, 2013 Listed by Hammond Residential Real Estate $595,000
Listed by Hammond Residential Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Total Building Area: 1,829
  • Gross Building Area: 4,602
  • Building Area: 1,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,829
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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:55 L:002H
  • Lot: 2H
  • Municipality: WAYLAND
  • Latitude: 42.3154
  • Longitude: -71.3691

    Address

  • Full Address: 7 Griffin Cir
  • Address - House Number: 7
  • Address - Street Name: Griffin
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Wayland
  • Carrier Code: C017
  • 4-Digit Zip Code: 4835
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,655,300

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,165,977
  • High Value: 1,372,198
  • Low Value: 959,757

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $994,200
  • Assessed Land Value: $413,400
  • Assessed Improvements Value: $580,800

    Sales

  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91158
  • Previous Sale Recording Date: Dec 18, 2013
  • Previous Sale Amount: $553,000
  • 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:

$949,000

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2683 ft²

Average Home Age

80.8 years

Currently For Sale

17 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: 4 months ago
Data Source: MLS PIN, MLS# 72304575

Frequently Asked Questions

When was property at 7 Griffin Circle built and last sold?
The property at 7 Griffin Circle was built in 1988 and last sold on Jan 1, 1970 for $785,000.
How much is this home worth?
The estimated value of the home located at 7 Griffin Circle is $849,026.
What are some comparable homes to 7 Griffin Circle?
There are currently no comparable homes to 7 Griffin Circle.
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