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Middlesex 01778
9 Wallace Road
Photo of 9 Wallace Road

1

Map

$399,000
● House - Off Market

9 Wallace Road

Wayland, MA 01778
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,052 Ft²
$2,467
Est. Monthly

About This Property

Cozy cape with character: custom built-ins, updated granite kitchen, open livingrm-diningrm area w/ a spacious flow, beamed ceilings, hardwood floors, newer kitchen cabinets, water tank; granite counter tops. Possible second floor expansion potential. This charming cape is just minutes to MA Pike/95 and Rte 9, Very close to town beach, town pool, tennis courts, Wayland High School and great restaurants. Level back yard. Dead-end street. Across from conservation area to insure lots of privacy.
Unit Size
1,052 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$379
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1923

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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: 24 hours ago (MLSPIN #71246782)

Price History

Date / Event Date Event Price
Aug 8, 2013 Sold
Premium
Sold
May 1, 2013 Listed by Castles Unlimited $379,900
Listed by Castles Unlimited
Jun 10, 2011 Listed by Castles Unlimited $399,000
Listed by Castles Unlimited
May 6, 2010 Listed by RE/MAX Metro $405,900
Listed by RE/MAX Metro
Priced to sell!!! Cozy cape with character and 2nd fl exp potential, many custom built-ins, updated granite kitchen, livingrm-diningrm area open w/ a spacious flow. Beamed ceilings, new hardwood floors, newer cabinets and appliances, new water tank; roof in good condition. Can walk to Dudley Pond, hike/bike on the Aqueduct. MInutes to Shoppers World, great area restaurants, Level backyard.
Aug 27, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 885
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,425
  • Total Building Area: 1,045
  • Gross Building Area: 3,062
  • Building Area: 1,045
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,045
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000331
  • 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:42D L:017
  • Lot: 17
  • Municipality: WAYLAND
  • Latitude: 42.3346
  • Longitude: -71.3801

    Address

  • Full Address: 9 Wallace Rd
  • Address - House Number: 9
  • Address - Street Name: Wallace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wayland
  • Carrier Code: C006
  • 4-Digit Zip Code: 3015
  • Zip Code: 01778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $979,400

    Appraisal Valuation

  • Standard Deviation: 0.1764
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 703,194
  • High Value: 827,238
  • Low Value: 579,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,200
  • Assessed Land Value: $361,500
  • Assessed Improvements Value: $226,700

    Sales

  • Current Sale Recording Date: Aug 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 173891
  • Previous Sale Recording Date: Aug 08, 2013
  • Previous Sale Amount: $373,000
  • Previous Sale Document Type: O
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:

$815,000

Sale Price/ft²

$439

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2675 ft²

Average Home Age

62.7 years

Currently For Sale

3269 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

Currently no nearby rentals
Last Updated: 24 hours ago
Data Source: MLS PIN, MLS# 71246782

Frequently Asked Questions

When was property at 9 Wallace Road built and last sold?
The property at 9 Wallace Road was built in 1923 and last sold on Jan 1, 1970 for $373,000.
How much is this home worth?
The estimated value of the home located at 9 Wallace Road is $388,312.
What are some comparable homes to 9 Wallace Road?
There are currently no comparable homes to 9 Wallace Road.
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