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Cochituate 01778
9 Simpson Rd
$484,900
● House - Off Market

9 Simpson Rd

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,382 Ft²
$726,488
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

Move right in to this beautiful home in pristine condition in sought-after neighborhood with the breathtaking views and serenity of Dudley Pond while offering natural privacy in your backyard.  The new kitchen is the heart of this home, featuring modern tile floor, exquisite cabinetry, gorgeous granite counter tops, a breakfast bar and eating area.  Spacious family room off the kitchen is part of the open floor plan.  Formal living room with fireplace, 3 restful bedrooms including a master with separate new half bath.  Great starter home, condo alternative, or property for those looking to downsize to one-level living and want quality finishes in a manageable size. Remodeled full bath, attached garage and town water.  Freshly painted interior and exterior.  The search has ended - Don't hesitate and lose!
Unit Size
1,382 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$354
Property Type
House
Property Taxes
$598
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: 4 months ago (MLSPIN #72302990)

Price History

Date / Event Date Event Price
May 31, 2018 Sold
Premium
Sold
Apr 4, 2018 Listed by RE/MAX Signature Properties $489,900
Listed by RE/MAX Signature Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • 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: 15,080
  • Total Building Area: 1,382
  • Gross Building Area: 1,835
  • Building Area: 1,382
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,382
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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:012
  • Lot: 12
  • Municipality: WAYLAND
  • Latitude: 42.3301
  • Longitude: -71.3781

    Address

  • Full Address: 9 Simpson Rd
  • Address - House Number: 9
  • Address - Street Name: Simpson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 4052
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $968,500
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1563
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 759,017
  • High Value: 877,726
  • Low Value: 640,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $581,700
  • Assessed Land Value: $365,400
  • Assessed Improvements Value: $216,300

    Sales

  • Current Sale Recording Date: May 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 77355
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:

$949,000

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2683 ft²

Average Home Age

80.8 years

Currently For Sale

17 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# 72302990

Frequently Asked Questions

When was property at 9 Simpson Road built and last sold?
The property at 9 Simpson Road was built in 1954 and last sold on Jan 1, 1970 for $484,900.
How much is this home worth?
The estimated value of the home located at 9 Simpson Road is $502,109.
What are some comparable homes to 9 Simpson Road?
There are currently no comparable homes to 9 Simpson Road.
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