248 Commonwealth Rd
Wayland, MA 01778
2 bd 2 ba 1,536 sqft Built 1948 Lot 40,946 sqft single_family
Most recent sale
$715,000
Jan 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 26, 2022 | Sold | $715,000 | MLS #72918069 |
| Dec 22, 2021 | Relisted | $729,000 | MLS #72918069 |
| Dec 20, 2021 | Listing removed | $729,000 | MLSPIN |
| Nov 9, 2021 | Listed | $729,000 | MLS #72918069 |
| Aug 7, 2020 | Sold | $557,500 | MLS #72672821 |
| Jun 12, 2020 | Listed | $595,000 | MLS #72672821 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $276,700 | $492,800 | $769,500 | $11,381 |
| 2023 | $272,900 | $426,800 | $699,700 | $11,650 |
| 2022 | $220,100 | $353,300 | $573,400 | $10,522 |
| 2021 | $218,500 | $328,400 | $546,900 | $10,129 |
| 2020 | $218,500 | $328,400 | $546,900 | $9,713 |
| 2019 | $211,900 | $312,900 | $524,800 | $9,593 |
| 2018 | $180,900 | $312,900 | $493,800 | $8,903 |
| 2017 | $190,500 | $298,100 | $488,600 | $8,863 |
| 2016 | $190,500 | $292,300 | $482,800 | $8,372 |
| 2015 | $172,900 | $292,300 | $465,200 | $8,555 |
| 2014 | $144,900 | $265,500 | $410,400 | $7,523 |
| 2006 | $182,800 | $298,700 | $481,500 | $6,038 |
| 2005 | $213,600 | $240,600 | $454,200 | $5,714 |
| 2004 | $137,000 | $240,600 | $377,600 | $4,958 |
| 2003 | $137,000 | $240,600 | $377,600 | $4,728 |
Property facts
Year built
1948
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,536 sqft
Lot size
40,946 sqft
ZIP code
01778
City
Wayland
Street
Commonwealth Rd
Coordinates
42.32107, -71.35825
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,454
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value
—
Frequently asked questions
When did 248 Commonwealth Rd last sell?
248 Commonwealth Rd most recently sold on Jan 26, 2022 for $715,000.
What is the current tax assessment for 248 Commonwealth Rd?
The most recent total assessment for 248 Commonwealth Rd (year 2024) is $769,500 with $11,381 in property tax.
How does 248 Commonwealth Rd's assessment compare to its last sale price?
The current assessment is 7.6% above the last sale price of $715,000.
When was 248 Commonwealth Rd built?
248 Commonwealth Rd was built in 1948.
How does 248 Commonwealth Rd compare to others on Commonwealth Rd?
We track 8 other properties on Commonwealth Rd. Browse the list under "Other properties on Commonwealth Rd" to compare beds, baths, and sale history.
What are the property facts for 248 Commonwealth Rd?
248 Commonwealth Rd is a 2 bed, 2 bath, 1,536 sqft, 40,946 sqft lot single_family.
Is 248 Commonwealth Rd a flip candidate?
Yes — 248 Commonwealth Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 248 Commonwealth Rd a tax-appeal candidate?
No — 248 Commonwealth Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$1.2M
2026 Q4
$1.18M
ZIP 01778 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commonwealth Rd