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Middlesex 01778
9 Jericho Ln
$1,290,000
● House - Off Market

9 Jericho Ln

Wayland, MA 01778
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,849 Ft²
$1,532,204
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Privately sited on a 1.7 acre lot in one of the most desirable neighborhoods in Wayland, this special multi-level Colonial is tucked into a wooded landscape.  On a quiet cul-de-sac with close proximity to Clay Pit Hill School, this elegant home provides an ideal floor plan for entertaining and casual living. The first floor features a spacious kitchen with center island  and breakfast area with fireplace that leads to the sun-filled family room.  A beautiful living room with wood burning fireplace opens to a dining room with French doors to the inviting sunroom. The second floor offers an expansive primary suite with a private balcony and four additional bedrooms and full bathroom.  The lower level has a large recreation room. This home is close to town center and all major commuting routes.
Unit Size
3,849 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$370
Property Type
House
Property Taxes
$1,902
HOA Dues
-
Year Built
1965

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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 #73040397)

Price History

Date / Event Date Event Price
Dec 20, 2022 Sold
Premium
Sold
Nov 11, 2022 In contract -
In contract
Sep 23, 2022 Listed by Engel & Volkers Wellesley $1,425,000
Listed by Engel & Volkers Wellesley
Sep 12, 2014 Sold
Premium
Sold
Feb 4, 2014 Listed by Engel & Volkers Wellesley $1,099,900
Listed by Engel & Volkers Wellesley
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 760
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,988
  • Total Building Area: 3,403
  • Gross Building Area: 5,678
  • Building Area: 3,403
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,403
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001767
  • 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:16 L:050
  • Lot: 50
  • Municipality: WAYLAND
  • Latitude: 42.3822
  • Longitude: -71.3357

    Address

  • Full Address: 9 Jericho Ln
  • Address - House Number: 9
  • Address - Street Name: Jericho
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wayland
  • Carrier Code: C003
  • 4-Digit Zip Code: 1703
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,309,500

    Appraisal Valuation

  • Standard Deviation: 0.1777
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,640,479
  • High Value: 1,932,085
  • Low Value: 1,348,873

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,387,100
  • Assessed Land Value: $609,500
  • Assessed Improvements Value: $777,600

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Dec 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185074
  • Previous Sale Recording Date: Sep 12, 2014
  • Previous Sale Amount: $1,040,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$810,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2700 ft²

Average Home Age

62.6 years

Currently For Sale

3165 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73040397

Frequently Asked Questions

When was property at 9 Jericho Lane built and last sold?
The property at 9 Jericho Lane was built in 1965 and last sold on Dec 20, 2022 for $1,290,000.
How much is this home worth?
The estimated value of the home located at 9 Jericho Lane is $1,418,249.
What are some comparable homes to 9 Jericho Lane?
There are currently no comparable homes to 9 Jericho Lane.
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