31 Cochituate Rd, Wayland MA 01778

Wayland, MA 01778
$1,150,000
Est. $6,121/month
3
Beds
2
Baths
3,870
Sq Ft
$297
Price/Sq Ft
0.12
Acres
1850
Year Built
Multi Family
Type
25
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73277548

About this home

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"

Sale Statistics

Sale Overview
Original List Price: $1,100,000
Final Sale Price: $1,150,000
Difference: +$50,000 (+4.5%)
Performance Metrics
104.5%
List to Sale Ratio
Sold above asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $284
Sale $/sq ft: $297
This property sold for $297 per square foot
Sale Summary

This property sold for 4.5% above the original asking price, indicating strong buyer demand.

With only 25 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1850
Bedrooms
3
Half Bathrooms
4
Living Area
3,870 sq ft
Total Rooms
11
Stories
3
Levels
3

Interior Features

Flooring
Wood, Vinyl, Carpet
Heating
Forced Air
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Wood Burning
Has Fireplace
Yes
Number of Fireplaces
4
Appliances
Oven, Refrigerator, Washer/Dryer
Interior Features
Storage, Other, Floored Attic, Walk-Up Attic, Heated Attic, Living Room, Kitchen
Laundry Features
Washer Hookup
Basement Details
Full

Exterior & Structure

Construction Materials
Frame, Brick, Stone
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Exterior Features
Rain Gutters
Patio/Porch Features
Covered
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,248 sq ft
Lot Size Area
0.1200
Lot Features
Corner Lot, Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street

Utilities & Systems

Utilities Available
for Electric Oven, Washer Hookup
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,351
Tax Year
2024
Tax Assessed Value
$538,100
Parcel Number
3523043
Zoning
BUSA Mixed
Financial Data Source
Estimated

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
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)
Exclusions
Excluding All Personal Business Items Associated W/ Current Practice Within The Retail/Office Unit

Location

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Neighborhood

31 Cochituate Rd, Wayland MA 01778

Wayland, MA 01778

Walkability

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Schools

High School
Wayland H.S.
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $696
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.3%
Price Range
27
Total Days on Market

Property Timeline

Sold
Nov 13, 2024
$1,150,000
Property sold
Days on Market: 27
🏠
Listed for Sale
Aug 17, 2024
$1,100,000
Original listing
Agent: Joan Vaccaro Office: Keller Williams Boston MetroWest

Price & Status History

Date Event Price Change
Aug 17, 2024 New Listing Added $1,100,000

Market Statistics

Days on Market
25 days
Price per Sq Ft
$297

Tax History

Year Taxes Assessment
2024 $8,351 $538,100

Financial Details

Annual Property Tax
$8,351
Tax Year 2024
Assessed Value
$538,100

Listing Information

Listing Agent Joan Vaccaro
Listing Office Keller Williams Boston MetroWest
Agent MLS ID CN225538
Office MLS ID AN5720

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