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Wakefield 01880
20 Old Colony Drive
$619,900
● House - Off Market

20 Old Colony Drive

Wakefield, MA 01880
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,200 Ft²
$1,078,006
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Outstanding home on the Lynnfield line, at the end of a beautiful private cul de sac. Pride of ownership shows in this lovingly cared for home. Open floor plan. Kitchen has pantry and loads of cabinets. Cathedral ceiling in  livingroom with fireplace. Master bedroom suite, cathedral ceiling and a Jacuzzi tub and a  walk-in closet. Solid oak woodwork, Led lighting, updated electrical lighting. Keyless entrance. Family  room has a fireplace and an additional party room with door to the pool area. Closets galore.  Large deck and brick patio area for entertaining.  Large 20 ft. shed.  Pool and 1/2 bath.  Lower level offers great potential for extended family, kitchen, living room , and 2 bedrooms. Beautifully landscaped yard. New roof 2015.
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$194
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71868321)

Price History

Date / Event Date Event Price
Sep 25, 2015 Sold
Premium
Sold
Jul 6, 2015 Listed by Marrano Real Estate, Ltd. $619,900
Listed by Marrano Real Estate, Ltd.
Jun 30, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 1,504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 2,823
  • Gross Building Area: 3,452
  • Building Area: 2,823
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,823
  • Heating Fuel Type: 6

    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: 79484
  • District: 305
  • Parcel: WAKE M:00039A B:0062 P:000S56
  • Block: 62
  • Municipality: WAKEFIELD
  • Latitude: 42.5072
  • Longitude: -71.0403

    Address

  • Full Address: 20 Old Colony Dr
  • Address - House Number: 20
  • Address - Street Name: Old Colony
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1228
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $976,600

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 987,056
  • High Value: 1,161,136
  • Low Value: 812,977

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $868,100
  • Assessed Land Value: $359,300
  • Assessed Improvements Value: $508,800

    Sales

  • Current Sale Recording Date: Sep 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 163847
  • Previous Sale Recording Date: Jun 30, 1999
  • Previous Sale Amount: $335,000
  • 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:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1985 ft²

Average Home Age

71.4 years

Currently For Sale

48 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# 71868321

Frequently Asked Questions

When was property at 20 Old Colony Drive built and last sold?
The property at 20 Old Colony Drive was built in 1985 and last sold on Jan 1, 1970 for $619,000.
How much is this home worth?
The estimated value of the home located at 20 Old Colony Drive is $626,026.
What are some comparable homes to 20 Old Colony Drive?
There are currently no comparable homes to 20 Old Colony Drive.
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