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Cochituate 01778
7 Pemberton Road
$445,000
● House - Off Market

7 Pemberton Road

Wayland, MA 01778
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,584 Ft²
$615,178
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Charming Village Colonial combines antique character with numerous modern updates.  Cheerful kitchen with pantry storage, vaulted ceiling, greenhouse window and access to deck. Cherry floors accent the living room and dining room.  Spacious office/guest room completes the first floor.  Additional features include lower level family room with gas fireplace and sliders to beautifully landscaped yard, replacement windows, newer roof (2014), insulation (2018), siding (2008), furnace & central air  (2008).  Conveniently located near Cochituate Village shops, playground, coffee shop, restaurants, ball field and Town Beach.  An ideal commuters' location!
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$271
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1850

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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 #72535415)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jul 17, 2019 Listed by Coldwell Banker Residential Brokerage - Weston $430,000
Listed by Coldwell Banker Residential Brokerage - Weston

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 448
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,192
  • Total Building Area: 1,194
  • Gross Building Area: 2,285
  • Building Area: 1,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,194
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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:012
  • Lot: 12
  • Municipality: WAYLAND
  • Latitude: 42.3161
  • Longitude: -71.3672

    Address

  • Full Address: 7 Pemberton Rd
  • Address - House Number: 7
  • Address - Street Name: Pemberton
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C017
  • 4-Digit Zip Code: 4817
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $811,700

    Appraisal Valuation

  • Standard Deviation: 0.2362
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 634,688
  • High Value: 784,618
  • Low Value: 484,758

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,500
  • Assessed Land Value: $290,900
  • Assessed Improvements Value: $196,600

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Aug 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 131315
  • Previous Sale Recording Date: Apr 06, 2015
  • 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:

$944,000

Sale Price/ft²

$460

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2624 ft²

Average Home Age

79.7 years

Currently For Sale

19 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 months ago
Data Source: MLS PIN, MLS# 72535415

Frequently Asked Questions

When was property at 7 Pemberton Road built and last sold?
The property at 7 Pemberton Road was built in 1850 and last sold on Aug 14, 2019 for $445,000.
How much is this home worth?
The estimated value of the home located at 7 Pemberton Road is $451,033.
What are some comparable homes to 7 Pemberton Road?
There are currently no comparable homes to 7 Pemberton Road.
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