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Wakefield 01880
6 Spring Ave
$322,000
● House - Off Market

6 Spring Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,288 Ft²
$607,409
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

This center entrance colonial on a quiet side street will end your search to live in Wakefield.  This home has a bright and welcoming first floor perfect for entertaining or quiet family time.  All three bedrooms are on the second floor with a bonus home office as well.  A fenced in yard, detached garage, and wide driveway round out the "must haves".  This home has a newer roof, new Burnham boiler, and a new hot water heater.  Very convenient to many major routes and minutes from the Wakefield Lake, this home checks off all the boxes for the serious buyer.  The basement has a large area that is a few finishing touches away from being a game room or additional living space.
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$279
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1957

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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 #71918009)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Jan 22, 2021 Listed by Suffolk Real Estate, LLC $499,900
Listed by Suffolk Real Estate, LLC
Apr 6, 2016 Sold
Premium
Sold
Oct 12, 2015 Listed by Suffolk Real Estate, LLC $359,000
Listed by Suffolk Real Estate, LLC
Jan 31, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 5
  • Exterior Walls Type: 19
  • 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: 736
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,245
  • Total Building Area: 1,288
  • Gross Building Area: 2,278
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000074
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: SR

Geography

  • Account Number: 62181
  • District: 305
  • Parcel: WAKE M:000031 B:0053 P:000095
  • Block: 53
  • Municipality: WAKEFIELD
  • Latitude: 42.5024
  • Longitude: -71.058

    Address

  • Full Address: 6 Spring Ave
  • Address - House Number: 6
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 3434
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,100

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 568,681
  • High Value: 664,570
  • Low Value: 472,791

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $517,400
  • Assessed Land Value: $316,000
  • Assessed Improvements Value: $201,400

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 86835
  • Previous Sale Recording Date: Apr 06, 2016
  • Previous Sale Amount: $322,000
  • 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

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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

$2,900 /mo

  • 1 Bed
  • 1 Bath
  • 741 ft²
200 Quannapowitt Parkway #A1, 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# 71918009

Frequently Asked Questions

When was property at 6 Spring Avenue built and last sold?
The property at 6 Spring Avenue was built in 1957 and last sold on Apr 16, 2021 for $481,500.
How much is this home worth?
The estimated value of the home located at 6 Spring Avenue is $504,241.
What are some comparable homes to 6 Spring Avenue?
There are currently no comparable homes to 6 Spring Avenue.
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