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Wakefield 01880
6 Germano Dr
$417,000
● House - Off Market

6 Germano Dr

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,789 Ft²
$833,632
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Custom built Split Entry located on a quiet cul-de-sac, less than a mile from the commuter line to Boston. Great set-up for the expanded family, with a large yard and sprinkler system. Central Air, Ceiling fans, fireplace, and plenty of closets. Great open concept living area with easy access to all the bedrooms with custom four foot wide hallway. Oversized garage with EE, cellulous insulation, 25 foot deck off the kitchen, and a great bay window facing south to let in plenty of light.
Unit Size
1,789 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$243
Property Type
House
Property Taxes
$424
HOA Dues
-
Year Built
1992

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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 #71490898)

Price History

Date / Event Date Event Price
Jun 14, 2013 Sold
Premium
Sold
Mar 7, 2013 Listed by Century 21 Sexton & Donohue $434,900
Listed by Century 21 Sexton & Donohue
Dec 18, 1995 Sold
Premium
Sold
Sep 5, 1995 Listed by Century 21 Sexton & Donohue $214,900
Listed by Century 21 Sexton & Donohue

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: 19
  • Exterior Walls Type: 19
  • 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: 1,248
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,201
  • Total Building Area: 1,789
  • Gross Building Area: 2,794
  • Building Area: 1,789
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,789
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND WAKEFIELD
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 88487
  • District: 305
  • Parcel: WAKE M:000027 B:323E P:00062K
  • Block: 323E
  • Municipality: WAKEFIELD
  • Latitude: 42.4737
  • Longitude: -71.0674

    Address

  • Full Address: 6 Germano Dr
  • Address - House Number: 6
  • Address - Street Name: Germano
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 4074
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $832,500

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 828,284
  • High Value: 957,731
  • Low Value: 698,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $740,000
  • Assessed Land Value: $395,600
  • Assessed Improvements Value: $344,400

    Sales

  • Current Sale Recording Date: Jun 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000012
  • Previous Sale Recording Date: Dec 18, 1995
  • Previous Sale Amount: $206,500
  • 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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71490898

Frequently Asked Questions

When was property at 6 Germano Drive built and last sold?
The property at 6 Germano Drive was built in 1992 and last sold on Jan 1, 1970 for $417,000.
How much is this home worth?
The estimated value of the home located at 6 Germano Drive is $459,514.
What are some comparable homes to 6 Germano Drive?
There are currently no comparable homes to 6 Germano Drive.
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