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Wakefield 01880
23 Walton Lane
Photo of 23 Walton Lane
Sold on Apr 26, 2007

1

Map

$580,500
● House - Off Market

23 Walton Lane

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,486 Ft²
$1,097,192
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

This may be the best location in Wakefield.  A quiet stonewall lined private way minutes to  lake Quannapowitt, highway and downtown. Large level lot with  fruit trees and plenty of space to let the kid's play. The Historic  Red House was expanded by current owners into this grand 4 bedroom 2.5 bath colonial. The barn functions as a two car garage with loft space above a great home office or gameroom. One of Wakefield's signature properties. A one of a kind opportunity.
Unit Size
2,486 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$236
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1875

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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 #70385321)

Price History

Date / Event Date Event Price
Sep 13, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed $999,900
Listed
Apr 26, 2007 Sold
Premium
Sold
May 10, 2006 Listed $585,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,188
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,731
  • Total Building Area: 3,080
  • Gross Building Area: 3,929
  • Building Area: 3,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000384
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 25460
  • District: 305
  • Parcel: WAKE M:000014 B:0013 P:000M12
  • Block: 13
  • Municipality: WAKEFIELD
  • Latitude: 42.5202
  • Longitude: -71.0753

    Address

  • Full Address: 23 Walton Ln
  • Address - House Number: 23
  • Address - Street Name: Walton
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C004
  • 4-Digit Zip Code: 1035
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,188,300

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,253,712
  • High Value: 1,531,518
  • Low Value: 975,905

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,056,300
  • Assessed Land Value: $384,700
  • Assessed Improvements Value: $671,600

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 202858
  • Previous Sale Recording Date: Apr 26, 2007
  • Previous Sale Amount: $580,500
  • 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

$450

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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70385321

Frequently Asked Questions

When was property at 23 Walton Lane built and last sold?
The property at 23 Walton Lane was built in 1875 and last sold on Sep 13, 2021 for $1,175,809.
How much is this home worth?
The estimated value of the home located at 23 Walton Lane is $1,021,087.
What are some comparable homes to 23 Walton Lane?
There are currently no comparable homes to 23 Walton Lane.
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