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Wakefield 01880
18 Davey Lane
$480,000
● House - Off Market

18 Davey Lane

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,014 Ft²
$832,820
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Welcome home to this well maintained split-entry home settled on a tree lined dead end street...1st level Features an updated kitchen that is perfect for the home cook, a spacious fireplaced living room, formal dining room with sliders to a great sun room overlooking a large level yard ideal for family gatherings,a full bath and 3 bedrooms that offer plenty of closet space along with the attic that has a cedar closet for storage ...Bring your imagination to the fireplaced family room, office and full bath in the lower level as a private suite or just to expand your space with access to the 2 car heated garage..storage shed under the deck..Situated in a desirable and convenient location near Wakefield Center with plenty of trendy restaurants and shops, Lake Quannapowitt and Rt 95..Truly a must see home! ..
Unit Size
2,014 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$248
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #72013819)

Price History

Date / Event Date Event Price
Aug 16, 2016 Sold
Premium
Sold
May 31, 2016 Listed by RE/MAX Trinity $499,900
Listed by RE/MAX Trinity
Oct 30, 1981 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,252
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 2,014
  • Gross Building Area: 2,748
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 72258
  • District: 305
  • Parcel: WAKE M:000039 B:0049 P:0000D5
  • Block: 49
  • Municipality: WAKEFIELD
  • Latitude: 42.509
  • Longitude: -71.0533

    Address

  • Full Address: 18 Davey Ln
  • Address - House Number: 18
  • Address - Street Name: Davey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 5126
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $793,500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 785,856
  • High Value: 924,084
  • Low Value: 647,629

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $705,300
  • Assessed Land Value: $399,200
  • Assessed Improvements Value: $306,100

    Sales

  • Current Sale Recording Date: Aug 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140262
  • Previous Sale Recording Date: Oct 30, 1981
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wakefield

Stats & Trends

Median Asking:

$782,450

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 years

Currently For Sale

49 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72013819

Frequently Asked Questions

When was property at 18 Davey Lane built and last sold?
The property at 18 Davey Lane was built in 1971 and last sold on Jan 1, 1970 for $480,000.
How much is this home worth?
The estimated value of the home located at 18 Davey Lane is $527,024.
What are some comparable homes to 18 Davey Lane?
There are currently no comparable homes to 18 Davey Lane.
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