186 Main St, Wayland MA 01778
Wayland, MA 01778
$775,000
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Sale Statistics
Sale Overview
Original List Price:
$835,000
Final Sale Price:
$775,000
Difference:
$60,000 (-7.2%)
Performance Metrics
92.8%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$261
Sale $/sq ft:
$242
This property sold for $242 per square foot
Sale Summary
This property sold for 7.2% below the original asking price.
The property spent 42 days on market before selling.
About this home
The Wing-Hemmenway house was built around 1875 in Cochituate Village during the height of Shoe Manufacturing at the nearby Bent Shoe Company. Originally built as a single family home in the vernacular Italianate design. The three story home features a full length front porch, and two dormers on .72 acres. In the mid 20th C an addition was added and later the property was converted into a 2 family home as it remains today. Each unit has 2 BR and 1 BA. First floor unit is approx. 1456 sf and second floor unit includes walk up to 3rd floor with 4 additional rooms of approx. 2400 sf total. Both units now vacant but had been rented to the same tenants for many years. Loads of opportunity – convert back to SF residence or great income producing 2 family in prime location in close proximity to schools and shops.
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Public Records & Permits
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Property History
Market Insights
50.8%
Price Range
43
Total Days on Market
2
Previous Sales
Property Timeline
Current Active Listing - MLS #73536048
Full transaction history available when tracking began
Currently Listed
Jun 15, 2026
$1,575,000
MLS #73536048 - Active
Previous Transaction - MLS #73328178
Full transaction history available when tracking began
Previously Sold
Feb 12, 2025
$1,150,000
MLS #73328178
Previous Transaction - MLS #73012800
Full transaction history available when tracking began
Previously Sold
Aug 26, 2022
$889,900
MLS #73012800
Sold
Dec 22, 2021
$775,000
Property sold
Days on Market: 43
Listed for Sale
Oct 19, 2021
$775,000
Original listing
Agent: Tanimoto Owens Team
Office: Compass
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/15/2026 | 🏡 Currently Listed | $1,575,000 | - | - | MLS #73536048 - Active |
| 02/12/2025 | 🏷️ Previously Sold | $1,150,000 | - | - | MLS #73328178 |
| 08/26/2022 | 🏷️ Previously Sold | $889,900 | - | - | MLS #73012800 |
| 12/22/2021 | ✓ Sold | $775,000 | - | - | Property sold |
| 10/19/2021 | 🏠 Listed for Sale | $775,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2021 | $11,931 | $644,200 |
Financial Details
Annual Property Tax
$11,931
Tax Year 2021
Assessed Value
$644,200
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1875
Living Area
3,201 sq ft
Lot Size
0.72 acres
Bedrooms
4
Full Baths
2
Total Rooms
15
Investment Metrics
Units
2
Unit 1 Rent
$1,700/mo · N
Unit 2 Rent
$1,800/mo · N
Total Monthly Rent
$3,500/mo
Gross Income
$42,000
Net Operating Income
$42,000
Cap Rate
5.42%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
Interior Entry, Bulkhead
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Paved Drive
Total Spaces
8
Utilities
Electric
None
Water
Public
Sewer
Private Sewer
Gas
None
Other
For Gas Range, Varies Per Unit
Financial
Annual Tax
$11,931
Assessed Value
$644,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Septic Is 5br Design. Roof 2016. 1st Floor Furnace Older Unknown Age, 2nd Floor Furnace 20 Years.current Rents Are Well Below Market Value, Tenants Had Been There Over 25 Years. Oil Heat In Both Units, One Zone Each. 3rd Floor Has Electric Heat. Photos Are Of 2 & 3 Floor Apt.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
grey
Sq Ft Source
Public Record
Sq Ft Disclosures
1st, 2nd & 3rd fl heated spaces
Documents
None
County
Middlesex
Total market time (incl. prior listings)
43 days
Property Overview
Property Type
Multi Family
Listing Type
Sold
Year Built
1875
Bedrooms
4
Full Bathrooms
2
Living Area
3,201 sq ft
Total Rooms
15
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Interior Entry, Bulkhead
Laundry:
Security:
Construction & Materials
Year Built:
1875
Structure Type:
Exterior Materials:
Roof:
Shingle
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Heating Zones:
2
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Private Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive
Nearby Schools
School information not available for this location.
Location
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Neighborhood
186 Main St, Wayland MA 01778
Wayland, MA 01778
Listing Information
Listing Agent
Tanimoto Owens Team
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
TM322594
Office MLS ID
AN4569
Listing Data Updated
Dec 23, 2021 12:42 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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