186 Main Street, Wayland MA 01778
Wayland, MA 01778
$1,625,000
$1,575,000
Est. $9,381/month
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About this home
Welcome to a fully gut-renovated multi-family gem in the heart of Wayland- This dramatically transformed two-family (8bd/3ba, 3,201 sq ft) retains its 19th-century charm while offering today’s modern comforts. Inside, discover sleek, contemporary finishes across both units, with open layouts, new kitchens featuring stainless appliances and designer cabinetry, spa-like bathrooms, updated electrical, plumbing, and ductless HVAC systems for year-round comfort. Ideal for owner-occupants or investors alike, this property boasts flexible unit configurations—first floor offering 3 beds with in-unit laundry and pantry access to a bright living area; second/third floor offers a spacious eat-in kitchen, separate living and dining areas, an office, plus 4/5 bedrooms and 2 full bathrooms. Set on an expansive 0.72-acre lot (30,000+sq ft), enjoy ample off-street parking for up to 8 vehicles, a shared deck, large yard. Unit 1 rented till 1/31/2026 for $3200, Unit # 2 rented till 7/31/2026 for $5500.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
29.2%
Price Range
1
Previous Sales
Property Timeline
Price Reduced
Jul 23, 2026
$1,575,000
$50,000
(-3.08%)
From $1,625,000 to $1,575,000 (-3.1%)
Listed for Sale
Jun 15, 2026
$1,625,000
Original listing
Agent: Jacob Rosenberg
Office: Red Tree Real Estate
Previous Transaction - MLS #73328178
Full transaction history available when tracking began
Previously Sold
Feb 12, 2025
$1,150,000
MLS #73328178
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/23/2026 | ↓ Price Reduced | $1,575,000 | $50,000 | - | From $1,625,000 to $1,575,000 (-3.1%) |
| 06/15/2026 | 🏠 Listed for Sale | $1,625,000 | - | - | Original listing |
| 02/12/2025 | 🏷️ Previously Sold | $1,150,000 | - | - | MLS #73328178 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $14,605 | $1,050,000 |
Financial Details
Annual Property Tax
$14,605
Tax Year 2025
Assessed Value
$1,050,000
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1875
Living Area
3,400 sq ft
Lot Size
0.72 acres
Bedrooms
8
Full Baths
3
Total Rooms
13
Investment Metrics
Units
2
Unit 1 Rent
$3,500/mo · Y
Unit 2 Rent
$5,500/mo · Y
Total Monthly Rent
$9,000/mo
Gross Income
$108,000
Net Operating Income
$108,000
Cap Rate
6.86%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Fireplaces
2
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive
Total Spaces
6
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$14,605
Assessed Value
$1,050,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Listing Agent Related To Ownership
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Owner
Documents
None
County
Middlesex
Total market time (incl. prior listings)
289 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1875
Bedrooms
8
Full Bathrooms
3
Living Area
3,400 sq ft
Total Rooms
13
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,400 sq ft above grade
Display Options
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:
Laundry:
Security:
Construction & Materials
Year Built:
1875
Structure Type:
Exterior Materials:
Roof:
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Wooded, Gentle Sloping, Level
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive
Special Features
Fireplaces:
2
Fireplace Type:
Community Amenities:
Nearby Schools
School District
Wayland School District local
A+
School Safety
2024-25
0.2%
Very Low (Safest)
0.2%
Suspensions
0.3%
In-School
5.3% below state avg
Elementary Schools
5 schools
Veritas Christian Academy
0.8 mi
Grades K-08
A+
Loker School
1.0 mi
|
#20 of 824
|
Score: 64.6
Improved 61 spots from last year
+6.4 above state avg
359 students
Diverse
Rising School
Strong Attendance
Grades K-05
A+
Happy Hollow School
1.0 mi
|
#61 of 824
|
Score: 61.6
Dropped 49 spots from last year
+3.4 above state avg
330 students
Diverse
Grades K-05
The Children's Way Preschool
2.6 mi
52 students
Diverse
Diverse Student Body
Grades PK
A+
Claypit Hill School
3.5 mi
|
#68 of 824
|
Score: 61.1
Improved 108 spots from last year
+2.9 above state avg
495 students
Moderate
Rising School
Strong Attendance
Grades K-05
Middle Schools
1 school
A+
Wayland Middle School
0.2 mi
|
#3 of 352
|
Score: 65.4
Improved 22 spots from last year
+7.2 above state avg
662 students
Moderate
Rising School
Strong Attendance
Grades 06-08
High Schools
1 school
A+
Wayland High School
1.4 mi
|
#12 of 346
|
Score: 75.0
Improved 17 spots from last year
+16.8 above state avg
803 students
Diverse
20 sports
• 1,842 athletes
Strong AP Program
High Graduation Rate
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,217
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
186 Main Street, Wayland MA 01778
Wayland, MA 01778
Listing Information
Listing Agent
Jacob Rosenberg
Listing Office
Red Tree Real Estate
Office Phone
617-487-8015
Agent MLS ID
CN217103
Office MLS ID
AN0907
Listing Data Updated
Jul 27, 2026 3:05 AM 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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