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Cochituate 01778
8 Emerson Road
Photo of 8 Emerson Road
Sold on Jun 29, 2006

1

Map

$362,800
● House - Off Market

8 Emerson Road

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,040 Ft²
$657,083
RealtyHop Estimate
80.07%
Since Jul 1, 2006
MA-Boston
Primary Model

About This Property

The best deal in town!Big price reduction!Bellow assesment! Special 1st time buyers financing at 5.625% avil. Quiet neighborhood adjacent to 84 acre Dudley Pond, great commuting location close to shopping, Mass Pike/Rt.30/Rt.9. All major work has been done within last 3 years: roof, windows, furnace, electric, driveway, septic, pool liner, patio & fresh interior paint. Enjoy summer vacationing at home in your backyard swimming pool & boating on the Pond!
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$351
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #70342204)

Price History

Date / Event Date Event Price
Jun 29, 2006 Sold
Premium
Sold
Mar 6, 2006 Listed $364,900
Listed
May 21, 2002 Sold
Premium
Sold
Feb 12, 2002 Listed $334,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,289
  • Total Building Area: 1,040
  • Gross Building Area: 1,428
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • 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:46B L:077
  • Lot: 77
  • Municipality: WAYLAND
  • Latitude: 42.3316
  • Longitude: -71.3786

    Address

  • Full Address: 8 Emerson Rd
  • Address - House Number: 8
  • Address - Street Name: Emerson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4045
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $959,000

    Appraisal Valuation

  • Standard Deviation: 0.1867
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 682,296
  • High Value: 809,738
  • Low Value: 554,854

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $576,000
  • Assessed Land Value: $396,700
  • Assessed Improvements Value: $179,300

    Sales

  • Current Sale Recording Date: Jun 29, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00122617
  • Previous Sale Recording Date: May 21, 2002
  • Previous Sale Amount: $323,000
  • 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:

$937,000

Sale Price/ft²

$462

Below Asking

0.02%

Average Days on Market

55

Average Home Size

2564 ft²

Average Home Age

81.8 years

Currently For Sale

16 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: 5 months ago
Data Source: MLS PIN, MLS# 70342204

Frequently Asked Questions

When was property at 8 Emerson Road built and last sold?
The property at 8 Emerson Road was built in 1954 and last sold on Jan 1, 1970 for $362,800.
How much is this home worth?
The estimated value of the home located at 8 Emerson Road is $373,830.
What are some comparable homes to 8 Emerson Road?
There are currently no comparable homes to 8 Emerson Road.
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