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Wakefield 01880
5 Harrison Lane
$471,500
● House - Off Market

5 Harrison Lane

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,309 Ft²
$702,064
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Charming 3 bedroom, 1.5 bath Colonial in desirable Wakefield. Enjoy the privacy of living in the last house on a dead end street. The exterior features stucco siding and a SLATE Roof. Walk inside to your Updated kitchen featuring maple cabinets and STAINLESS STEEL APPLIANCES with access to the back deck and beautiful yard great for entertaining all summer long. The first floor includes a dining room, living room and bonus four season room with hardwood floors throughout. Partially finished basement with plenty of storage, newer heat/hot water, gutters and replacement windows. This is a commuters dream with easy access to all major highways, downtown Wakefield, Market Street and Lake Quannapowitt. Showings being at the Open House on Saturday, May 20th.
Unit Size
1,309 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$344
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1905

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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 #72165623)

Price History

Date / Event Date Event Price
Jul 31, 2017 Sold
Premium
Sold
May 17, 2017 Listed by Classified Realty Group $449,900
Listed by Classified Realty Group
Jul 31, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Classified Realty Group $398,900
Listed by Classified Realty Group
Sep 26, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 528
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,336
  • Total Building Area: 1,297
  • Gross Building Area: 1,834
  • Building Area: 1,297
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,297
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000283
  • 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: 57234
  • District: 305
  • Parcel: WAKE M:000028 B:0003 P:00016E
  • Block: 3
  • Municipality: WAKEFIELD
  • Latitude: 42.5135
  • Longitude: -71.0634

    Address

  • Full Address: 5 Harrison Ln
  • Address - House Number: 5
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1933
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $751,300

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 713,192
  • High Value: 838,638
  • Low Value: 587,745

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $667,800
  • Assessed Land Value: $404,800
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Recording Date: Jul 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 121703
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $392,000
  • Previous Sale Document Type: O
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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1964 ft²

Average Home Age

72.4 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

$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# 72165623

Frequently Asked Questions

When was property at 5 Harrison Lane built and last sold?
The property at 5 Harrison Lane was built in 1905 and last sold on Jan 1, 1970 for $471,500.
How much is this home worth?
The estimated value of the home located at 5 Harrison Lane is $462,285.
What are some comparable homes to 5 Harrison Lane?
There are currently no comparable homes to 5 Harrison Lane.
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