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Cochituate 01778
7 Old Farm Circle
$380,000
● House - Off Market

7 Old Farm Circle

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$1,342,153
RealtyHop Estimate
245.03%
Since May 1, 1999
MA-Boston
Primary Model

About This Property

LOVELY ONE ACRE SETTING FOR CHARMING RANCH ON CUL DE SAC. CATHEDRAL FR OFF KITCHEN W/FR DOORS TO DECK.  LIGHT & BRIGHT ON LEVEL FENCED YD. LOWER LEVEL HAS  ADDITIONAL OFFICE/FR. SHOWS MINT WITH MANY UPDATES.(LB ON SIDE DOOR)
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$243
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1952

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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 years ago (MLSPIN #30291948)

Price History

Date / Event Date Event Price
Sep 10, 2020 Sold
Premium
Sold
Apr 5, 1999 Sold
Premium
Sold
Feb 8, 1999 Listed $389,000
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 1,248
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,808
  • Total Building Area: 2,652
  • Gross Building Area: 5,303
  • Building Area: 2,652
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,652
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001006
  • 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:38 L:068
  • Lot: 68
  • Municipality: WAYLAND
  • Latitude: 42.3414
  • Longitude: -71.3635

    Address

  • Full Address: 7 Old Farm Cir
  • Address - House Number: 7
  • Address - Street Name: Old Farm
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Wayland
  • Carrier Code: C018
  • 4-Digit Zip Code: 3115
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,597,100

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,186,672
  • High Value: 1,396,553
  • Low Value: 976,792

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $959,200
  • Assessed Land Value: $529,500
  • Assessed Improvements Value: $429,700

    Sales

  • Current Sale Contract Date: Aug 07, 2020
  • Current Sale Recording Date: Sep 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 158877
  • Previous Sale Recording Date: Apr 05, 1999
  • Previous Sale Amount: $380,000
  • 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 Cochituate

Stats & Trends

Median Asking:

$939,000

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2517 ft²

Average Home Age

80.6 years

Currently For Sale

18 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 years ago
Data Source: MLS PIN, MLS# 30291948

Frequently Asked Questions

When was property at 7 Old Farm Circle built and last sold?
The property at 7 Old Farm Circle was built in 1952 and last sold on Aug 7, 2020 for $810,000.
How much is this home worth?
The estimated value of the home located at 7 Old Farm Circle is $0.
What are some comparable homes to 7 Old Farm Circle?
There are currently no comparable homes to 7 Old Farm Circle.
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