Last Sold Price
3 beds3,870 sqft$297/sqft
31 Cochituate Rd, Wayland, MA 01778

Description

A prime, mixed use commercial/residential investment opportunity, in the heart of Wayland’s downtown! This beautiful historic Federal Colonial, had several uses through the yrs. The George Smith House was built as a residence & dry goods grocery store & was the first Post Office in town. Recently owned by the same family for 40 yrs. The home features a traditional hip-roof front entry porch & includes #5 & #7 Pelham Island Rd. Currently there is a practice in two units, one with a lobby, office,...A prime, mixed use commercial/residential investment opportunity, in the heart of Wayland’s downtown! This beautiful historic Federal Colonial, had several uses through the yrs. The George Smith House was built as a residence & dry goods grocery store & was the first Post Office in town. Recently owned by the same family for 40 yrs. The home features a traditional hip-roof front entry porch & includes #5 & #7 Pelham Island Rd. Currently there is a practice in two units, one with a lobby, office, open spaces & 2 half baths & storage. The other small attached unit has a lobby, an open area and a 1/2 bath. The residential unit (on the 2nd & 3rd level) has 3 bdrms & 1.5 baths. Located at the high visibility intersection of Cochituate & Pelham Island Rd, the property is nestled amongst historic buildings & a short distance to the Wayland Town Center, favorite restaurants & shops. To convert the 1st flr to a 2nd apartment, will need Town Approvals. Also listed as Commercial. Sold “As is"
LISTING CLOSED: 11/13/2024 12:00 AM

  1. Listed by Joan Vaccaro • Keller Williams Boston MetroWest

Property Details for 31 Cochituate Road

Status
MLS #
73277548
Days on Market
27
Taxes
$8,351 / year
HOA Fees
-
Property Type
MLS Type
Multi-family / 2 Family
Year Built
1850
Town
Wayland
Area
MA-Wayland
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Keller Williams Boston MetroWest, Joan Vaccaro

Sold By Keller Williams Boston MetroWest, Joan Vaccaro

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Building Information for 31 Cochituate Road

Stories3Residences2Year Built1850Building Size-Lot Size0.12 AC / 5,248 SF

Payment Calculator

$6,541 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,845

Property Taxes

$696

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 31 Cochituate Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 3870.0
  • Color: grey
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • High School: Wayland H.S.
Features
Interior Features
  • Appliances: Oven, Refrigerator, Washer/Dryer
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 0
  • Num of Half Baths: 4
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 4
  • FireplaceFeatures: Wood Burning
  • FireplaceYN: Yes
  • Fireplaces: 4
  • Flooring: Wood, Vinyl, Carpet
  • Interior Features: Storage, Other(See Remarks), Floored Attic, Walk-Up Attic, Heated Attic, Living Room, Kitchen
  • Interior Features: Other(See Remarks)
  • Laundry Features: Washer Hookup
  • SpaYN: No
Exterior Features
  • Construction: Frame, Brick, Stone
  • Exterior Features: Rain Gutters
  • Exterior Features: Covered Patio/Deck
  • Lot Description: Corner Lot, Level
  • Patio And Porch Features: Covered
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Oven, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Selling "As is"; See Property Condition. Back-up septic in-case of electricty loss. Current Rent for Retail Unit,under market value. Apartment recently vacated. To convert 1st flr to a 2nd apartment,it needs Town Approvals. Each Unit - separate Utilities (except heating which is split w/Landlord)
Tax Information
  • Tax ID: 3523043
  • Assessments: $538,100
  • Book: 13841
  • Tax Year: 2024
  • Zoning: BUSA Mixed
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
Income / Expenses
  • Electricity: $2,400.00
  • Annual Expenses Source: Estimated
  • GOI: $36,120.00
  • Gross Scheduled Income: $3,200.00
  • GRE: $17,451
  • HTE: $0
  • RFS: $2,000
  • NOI: $36,120.00
  • Operating Expense: $17,451.00
  • WSE: $1,500.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,010.00

Property History for 31 Cochituate Road

DateEvent & SourcePriceAppreciation
Nov 13, 2024

Sold

MLS PIN #73277548

$1,150,000
Sep 13, 2024

Under Agreement

MLS PIN #73277548

Aug 30, 2024

Contingent

MLS PIN #73277548

DateEvent & SourcePrice
11/13/2024

Sold

MLS PIN #73277548

$1,150,000
09/13/2024

Under Agreement

MLS PIN #73277548

08/30/2024

Contingent

MLS PIN #73277548

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 31 Cochituate Road

Taxable ValueLand$173,500Additions$392,600Total$566,100
Tax Record2025$8,848 ($737 / month)
Home Facts
Total Finished SqFt3,870 SqFtAbove Grade Finished SqFt3,870 SqFtUnfinished Basement SqFt1,842 SqFtStories2Lot Size5,248 SqFtStyleOffice BuildingYear Built1850ZoningBUSACountyMIDDLESEXAPNWAYL M:23 L:044

Schools near 31 Cochituate Road

This home is within Wayland School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Claypit Hill School
PublicK to 5

Wayland Middle School
Public6 to 8

Wayland High School
Public9 to 12

Happy Hollow School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Wayland
Wayland
Situated 15 miles west of Boston, Wayland encompasses more than 15 square miles, giving residents an abundance of beautiful public outdoor space. Wayland takes pride in its rich history dating back to Colonial times and modern buildings maintain their traditional structure throughout. From top...

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 31 Cochituate Road, Wayland, MA 01778
$1,150,000
3
3,870
5,248
$220,000
648
$225,000
1,352
18,730
$605,000
3,500
$370,000
2,802

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Boston MetroWest, Joan Vaccaro

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.