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Wakefield 01880
6 Morgan Avenue
$359,000
● House - Off Market

6 Morgan Avenue

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$699,579
RealtyHop Estimate
94.87%
Since Apr 1, 2004
MA-Boston
Primary Model

About This Property

TRADITIONAL COLONIAL!!! QUALITY & CHARACTER OF THE EARLY 1900'S. FP IN LR. FORMAL DR. 3 SEASON SUN PORCH. BREAKFAST NOOK. LARGE MBR. CLOSET SPACE +. HARD WOOD FLOORS. 1ST FL LAUNDRY. DECK. NEEDS SOME DECORATING. NICE NEIGHBORHOOD!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$256
Property Type
House
Property Taxes
$233
HOA Dues
-
Year Built
1915

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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 #30804768)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Jul 21, 2021 Listed by Sam Stella REALTORS® $599,900
Listed by Sam Stella REALTORS®
Mar 17, 2004 Sold
Premium
Sold
Jan 19, 2004 Listed by Sam Stella REALTORS® $359,000
Listed by Sam Stella REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1957
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 784
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,268
  • Total Building Area: 1,444
  • Gross Building Area: 2,648
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 54519
  • District: 305
  • Parcel: WAKE M:000027 B:0088 P:000163
  • Block: 88
  • Municipality: WAKEFIELD
  • Latitude: 42.475
  • Longitude: -71.0647

    Address

  • Full Address: 6 Morgan Ave
  • Address - House Number: 6
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4206
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $708,300

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 733,291
  • High Value: 862,134
  • Low Value: 604,447

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,600
  • Assessed Land Value: $345,400
  • Assessed Improvements Value: $284,200

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 207059
  • Previous Sale Recording Date: Mar 17, 2004
  • Previous Sale Amount: $359,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 30804768

Frequently Asked Questions

When was property at 6 Morgan Avenue built and last sold?
The property at 6 Morgan Avenue was built in 1915 and last sold on Sep 17, 2021 for $656,000.
How much is this home worth?
The estimated value of the home located at 6 Morgan Avenue is $604,969.
What are some comparable homes to 6 Morgan Avenue?
There are currently no comparable homes to 6 Morgan Avenue.
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