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Wakefield 01880
6 Davey Ln
$530,000
● House - Off Market

6 Davey Ln

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,032 Ft²
$700,936
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

OPEN HOUSE CANCELLED FOR 6-30-19.  Great neighborhood, Great Curb Appeal and Great for entertaining.  7+ Rooms, 3 Bedrooms, 2 Bathrooms, split level home with a 2 car garage, on a beautiful, level lot.  Flexible and open floor plan.  Living room with fireplace, dining room, family room, kitchen and 3 bedrooms on first floor.  Hardwood floors.  Laundry room, plus 2 finished rooms in lower level, having exterior access through back and front of garage.  Newer boiler.  Basketball court.  Bring your decorating and updating ideas.  A short distance to shopping, restaurants and Lake Quannapowitt.  Convenient to major commuter routes.
Unit Size
2,032 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$241
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1971

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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 #72526782)

Price History

Date / Event Date Event Price
Sep 10, 2019 Sold
Premium
Sold
Jun 27, 2019 Listed by EXIT Realty Beatrice Associates $489,900
Listed by EXIT Realty Beatrice Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 1,232
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 2,032
  • Gross Building Area: 2,648
  • Building Area: 2,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,032
  • 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: 72223
  • District: 305
  • Parcel: WAKE M:000039 B:0046 P:0000D2
  • Block: 46
  • Municipality: WAKEFIELD
  • Latitude: 42.5088
  • Longitude: -71.0544

    Address

  • Full Address: 6 Davey Ln
  • Address - House Number: 6
  • Address - Street Name: Davey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 5126
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $767,700

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 766,119
  • High Value: 900,874
  • Low Value: 631,363

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $682,400
  • Assessed Land Value: $399,200
  • Assessed Improvements Value: $283,200

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136369
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# 72526782

Frequently Asked Questions

When was property at 6 Davey Lane built and last sold?
The property at 6 Davey Lane was built in 1971 and last sold on Aug 22, 2019 for $530,000.
How much is this home worth?
The estimated value of the home located at 6 Davey Lane is $523,721.
What are some comparable homes to 6 Davey Lane?
There are currently no comparable homes to 6 Davey Lane.
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