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Middlesex 01778
78 Sears Road
$847,600
● House - Off Market

78 Sears Road

Wayland, MA 01778
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,446 Ft²
$1,563,361
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Located in the heart of Claypit Hill on over 2 acres of beautiful land is this privately sited Multi-level home. Features include an open kitchen with granite countertops, island, penninsular, built-in desk, pantry and dining area with pellet stove, There is a living room with fireplace, heated sun room and family room with built-in shelves. The walk-up attic provides access to storage or potential finished space. The 2 attached garages can shelter multiple cars or used to store boat/recreational vehicles. Enjoy the tranquillty and permitted recreational activities of the Upper Mill Brook Conservation Area consisting of 115 acres owned by the Town and Sudbury Valley Trustees to the rear of this property.
Unit Size
2,446 Ft²
Days on Market
-
Land Size
2.12 acres
Price per sqft
$368
Property Type
House
Property Taxes
$1,330
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (MLSPIN #71841372)

Price History

Date / Event Date Event Price
Sep 18, 2015 Sold
Premium
Sold
May 21, 2015 Listed by Hammond Residential $899,000
Listed by Hammond Residential
Aug 17, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • 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: 7
  • Basement Area: 948
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 92,234
  • Total Building Area: 1,946
  • Gross Building Area: 6,064
  • Building Area: 1,946
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002117
  • 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: R60

Geography

  • Parcel: WAYL M:15 L:063
  • Lot: 63
  • Municipality: WAYLAND
  • Latitude: 42.3806
  • Longitude: -71.3443

    Address

  • Full Address: 78 Sears Rd
  • Address - House Number: 78
  • Address - Street Name: Sears
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C003
  • 4-Digit Zip Code: 1707
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,855,500

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,329,241
  • High Value: 1,565,529
  • Low Value: 1,092,954

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,114,400
  • Assessed Land Value: $617,400
  • Assessed Improvements Value: $497,000

    Sales

  • Current Sale Recording Date: Sep 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1710908
  • Previous Sale Recording Date: Aug 17, 1992
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 43
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:

$809,999

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2698 ft²

Average Home Age

64.7 years

Currently For Sale

3150 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# 71841372

Frequently Asked Questions

When was property at 78 Sears Road built and last sold?
The property at 78 Sears Road was built in 1958 and last sold on Jan 1, 1970 for $847,600.
How much is this home worth?
The estimated value of the home located at 78 Sears Road is $913,384.
What are some comparable homes to 78 Sears Road?
There are currently no comparable homes to 78 Sears Road.
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