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Wakefield 01880
26 Heritage Lane
$481,000
● House - Off Market

26 Heritage Lane

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,552 Ft²
$790,969
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Well maintained raised ranch on quiet horseshoe street with convenient proximity to Routes 128,  95, and  93. First floor features large sun-filled living room with   bow window, open concept kitchen/dining room and three season porch, as well as three bedrooms and an updated bath.  The walk out lower level includes a large family room, additional half bath and laundry room. Gleaming hardwood floors on first floor, two fireplaces, central air conditioning , and newer windows complete the interior .  Two car garage and large yard  complete the picture. Move in ready.  Showings start with Open House on Saturday October 10th.
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$290
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1967

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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 #71916464)

Price History

Date / Event Date Event Price
Dec 1, 2015 Sold
Premium
Sold
Oct 7, 2015 Listed by Sweeney & OConnell $449,900
Listed by Sweeney & OConnell
Sep 15, 2009 Sold
Premium
Sold
May 17, 2009 Listed by Sweeney & OConnell $419,000
Listed by Sweeney & OConnell

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,056
  • 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: 1,552
  • Gross Building Area: 2,370
  • Building Area: 1,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,552
  • 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: 56354
  • District: 305
  • Parcel: WAKE M:000028 B:0084 P:000P19
  • Block: 84
  • Municipality: WAKEFIELD
  • Latitude: 42.5153
  • Longitude: -71.0589

    Address

  • Full Address: 26 Heritage Ln
  • Address - House Number: 26
  • Address - Street Name: Heritage
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C029
  • 4-Digit Zip Code: 1918
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $744,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 736,927
  • High Value: 858,168
  • Low Value: 615,686

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,300
  • Assessed Land Value: $399,200
  • Assessed Improvements Value: $262,100

    Sales

  • Current Sale Recording Date: Dec 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 204188
  • Previous Sale Recording Date: Sep 15, 2009
  • Previous Sale Amount: $372,000
  • 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

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1876 ft²

Average Home Age

66.7 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

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

$2,740 /mo

  • Studio
  • 1 Bath
  • 725 ft²
200 Quannapowitt Parkway #S4, 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# 71916464

Frequently Asked Questions

When was property at 26 Heritage Lane built and last sold?
The property at 26 Heritage Lane was built in 1967 and last sold on Jan 1, 1970 for $481,000.
How much is this home worth?
The estimated value of the home located at 26 Heritage Lane is $466,567.
What are some comparable homes to 26 Heritage Lane?
There are currently no comparable homes to 26 Heritage Lane.
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