Last Sold Price
110,206 Lot Size2.53 Acres
373 Commonwealth Rd, Wayland, MA 01778

Description

Commonwealth Residences is an approximately 2.53 acre site in Wayland, MA. The site has been fully approved for a 52-unit apartment community using the Comprehensive Permit (Chapter 40B) process, which requires 25% (13 units) of the units be reserved for low & moderate income residents. As approved, the development will feature a three-story garden-style building over one level of garage parking. The property is approved to include 4 studios, 22 one-bedrooms, 22 two-bedrooms and 4 three-bedroom units....Commonwealth Residences is an approximately 2.53 acre site in Wayland, MA. The site has been fully approved for a 52-unit apartment community using the Comprehensive Permit (Chapter 40B) process, which requires 25% (13 units) of the units be reserved for low & moderate income residents. As approved, the development will feature a three-story garden-style building over one level of garage parking. The property is approved to include 4 studios, 22 one-bedrooms, 22 two-bedrooms and 4 three-bedroom units. The site will be delivered as a fully permitted apartment development consisting of 52 apartment units & 54 garage spaces. The property is shovel ready with electric, water, sewer & cable lines installed and building permits in-place through 2016. Located just outside of the I-95 beltway the town of Wayland provides desirable suburban homes for families and working professionals, ranking top in the state for public education, quality of life and overall value of living.
LISTING CLOSED: 12/12/2014 12:00 AM

  1. Listed by Christopher Sower • Cushman & Wakefield
  2. Listed by Jason Weissman • Boston Realty Advisors

Property Details for 373 Commonwealth Road

Status
MLS #
71682825
Days on Market
157
Taxes
$99 / year
HOA Fees
-
Property Type
MLS Type
Land / Residential
Year Built
-
Town
Wayland
Area
MA-Wayland

Location

Listing Courtesy of Cushman & Wakefield, Christopher Sower; Boston Realty Advisors, Jason Weissman

Sold By Cushman & Wakefield, Christopher Sower

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Building Information for 373 Commonwealth Road

Lot Size2.53 AC

Payment Calculator

$14,749 per month

30 year fixed, 6.55% Interest

Principal and Interest

$14,740

Property Taxes

$8

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 373 Commonwealth Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Waterfront: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Other
Utilities
  • Electric: Other (See Remarks)
  • Gas: Other (See Remarks)
  • Sewer: Other (See Remarks)
  • Water: Other
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
Tax Information
  • Assessments: $99
  • Book: 99
  • Tax Year: 99
  • Zoning: 99
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Selling Broker Comp: 0
  • Other Agent Compensation: 0

Property History for 373 Commonwealth Road

DateEvent & SourcePriceAppreciation
Dec 12, 2014

Sold

MLS PIN #71682825

$2,900,000
Dec 11, 2014

Sold (Public Record)

Public Record #485372901

$2,900,000

+669.5% / yr

Oct 20, 2014

Under Agreement

MLS PIN #71682825

DateEvent & SourcePrice
12/12/2014

Sold

MLS PIN #71682825

$2,900,000
12/11/2014

Sold (Public Record)

Public Record #485372901

$2,900,000

+669.5% / yr

10/20/2014

Under Agreement

MLS PIN #71682825

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

Public Records for 373 Commonwealth Road

Taxable ValueLand$2,080,000Additions$8,857,300Total$10,937,300
Tax Record2025$170,950 ($14,246 / month)
Home Facts
Baths4Total Finished SqFt58,818 SqFtAbove Grade Finished SqFt58,818 SqFtUnfinished Basement SqFt1,056 SqFtStories3Lot Size135,088 SqFtStyleMulti-Family Res (5+ Units)Year Built2016Year Renovated2016ZoningR30CountyMIDDLESEXAPNWAYL M:52 L:154

Schools near 373 Commonwealth 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 373 Commonwealth Road, Wayland, MA 01778
$2,900,000
110,206
$700,000
4
2,738
32,670
$689,000
4
1,851
44,150
$495,000
4
3,282
43,560
$517,500
8,150
61,420
3
1
1,008
24,963

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 Cushman & Wakefield, Christopher Sower; Boston Realty Advisors, Jason Weissman

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.