186 Main St, Wayland MA 01778

Wayland, MA 01778
$889,900
5
Beds
2
Baths
3,201
Sq Ft
$278
Price/Sq Ft
0.72
Acres
1875
Year Built
8
Parking
4
Days on Market
Sold Listed Jul 15, 2022 • MLS# 73012800 Copied! • Updated Aug 26, 2022

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Sale Statistics

Sale Overview
Original List Price: $889,900
Final Sale Price: $889,900
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $278
Sale $/sq ft: $278
This property sold for $278 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 4 days on market, this was a quick sale compared to typical market conditions.

About this home

Incredible opportunity for owner occupied or investors. Located across from Wayland Middle School, this two family 1st floor unit offers 2 very large bedrooms, full bath w/laundry, large eat in kitchen with new gas cooktop & dishwasher, large pantry and a living room most of which have hardwood flooring. The 2nd & 3rd floor apartment offer a huge eat in kitchen w/ walk-in pantry & newer appliances, three bedrooms, full bath w/new stackable laundry, two versatile rooms can be used for office/gaming room/art studio etc. The 2nd floor unit also offers brand new mini split system for heat/air conditioning. Hardwood flooring throughout most of 2nd unit also. Shared deck & huge yard unusual in multi-family setting. Ideal location close to shopping/dining/school/major routes a plus. New water heaters & insulation thru Mass Save. First floor unit is vacant for owner occupied buyer or rental.2nd floor has two year lease in place with $100/mo increase starting 2nd yr.

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Recently Sold Nearby

Property History

Market Insights

50.8%
Price Range
8
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
Sold
Aug 26, 2022
$889,900
Property sold
Days on Market: 8
🏠
Listed for Sale
Jul 15, 2022
$889,900
Original listing
Agent: Marc Cercone Office: Coldwell Banker Realty - Framingham
Previous Transaction - MLS #72910043
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 22, 2021
$775,000
MLS #72910043

Tax History

Year Taxes Assessment
2022 $12,522 $682,400

Financial Details

Annual Property Tax
$12,522
Tax Year 2022
Assessed Value
$682,400

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 5
Full Baths 2
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $2,700/mo · N
Unit 2 Rent $3,000/mo · Y
Total Monthly Rent $5,700/mo
Gross Income $66,000
Net Operating Income $66,000
Cap Rate 7.42%
Heating Steam, Natural Gas, Central
Cooling Ductless
Flooring Wood, Tile, Vinyl, Hardwood
Appliances Oven, Dishwasher, Range, Refrigerator, Washer, Dryer, Microwave
Fireplace None
Basement Full
Laundry None
Features Bathroom With Tub & Shower, Living Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Wood
Features Paved Drive, Off Street
Total Spaces 8
Electric 200+ Amp Service
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $12,522
Assessed Value $682,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Current Owner Put Over $65, 000 Into The Home In 6 Months Including 2 New Water Heaters, Foundation Repointing, New Cooktop & Dishwasher 1st Flr, New Stackable W/d 2nd Flr, Nest Thermostats, Entire Home Insulated W/mass Save, Electric And Plumbing Updates. 1st Flr Not Rented Gross Income Estimated.
Exclusions Tenants Personal Property/Owners Personal Property
Possession None
Accepted Financing None
Structure Type []
House Color Grey
Sq Ft Source Public Record
Sq Ft Disclosures Apartment #2 has two levels.
Documents None
County Middlesex
Total market time (incl. prior listings) 8 days

Property Overview

Property Type
Multi Family
Listing Type
Sold
Year Built
1875
Bedrooms
5
Full Bathrooms
2
Living Area
3,201 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Vinyl, Hardwood
Appliances: Oven, Dishwasher, Range, Refrigerator, Washer, Dryer, Microwave
Interior Features: Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1875
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Other
Stories: 3

Heating, Cooling & Utilities

Heating: Steam, Natural Gas, Central
Cooling: Ductless
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street

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 Marc Cercone
Listing Office Coldwell Banker Realty - Framingham
Office Phone 508-872-0084
Agent MLS ID BB984990
Office MLS ID AN6208
Listing Data Updated Aug 26, 2022 3:55 PM EDT
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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