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Wakefield 01880
25 Scott Ln
$749,900
● House - Off Market

25 Scott Ln

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,595 Ft²
$1,109,327
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Welcome to paradise in Wakefield! This meticulously maintained raised ranch is an entertainers dream! Featuring three bedrooms, two full bathrooms, gourmet chefs kitchen, 3 fireplaces, open floor plan living, kitchen and dining area with stunning wall to wall glass windows over looking your private oasis of a backyard! Enjoy your summer in the in-ground pool or take in the view from either the covered trek deck on the main level or the covered patio below! Not interested in swimming? Take a walk through the gardens on your way to the koi pond. The oversized two car garage also contains a second level storage and two additional storage rooms in the rear! The house has been wired for sound and features top of the line appliances! Don't wait to make this beautiful house your next home!
Unit Size
2,595 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$289
Property Type
House
Property Taxes
$676
HOA Dues
-
Year Built
1974

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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 #72367040)

Price History

Date / Event Date Event Price
Oct 30, 2018 Sold
Premium
Sold
Jul 23, 2018 Listed by MHM Realty $749,900
Listed by MHM Realty
Nov 17, 1980 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9
  • Basement Area: 1,296
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,040
  • Total Building Area: 2,595
  • Gross Building Area: 3,016
  • Building Area: 2,595
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,595
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • 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: 72733
  • District: 305
  • Parcel: WAKE M:000040 B:0113 P:000SL7
  • Block: 113
  • Municipality: WAKEFIELD
  • Latitude: 42.5002
  • Longitude: -71.0448

    Address

  • Full Address: 25 Scott Ln
  • Address - House Number: 25
  • Address - Street Name: Scott
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3508
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $914,500

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 957,011
  • High Value: 1,125,792
  • Low Value: 788,230

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $812,900
  • Assessed Land Value: $399,200
  • Assessed Improvements Value: $413,700

    Sales

  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 166658
  • Previous Sale Recording Date: Nov 17, 1980
  • Previous Sale Amount: $102,500
  • 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:

$787,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72367040

Frequently Asked Questions

When was property at 25 Scott Lane built and last sold?
The property at 25 Scott Lane was built in 1974 and last sold on Jan 1, 1970 for $749,900.
How much is this home worth?
The estimated value of the home located at 25 Scott Lane is $785,755.
What are some comparable homes to 25 Scott Lane?
There are currently no comparable homes to 25 Scott Lane.
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