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Wakefield 01880
6 Tobey Lane
Photo of 6 Tobey Lane
Sold on Dec 10, 2009

1

Map

$612,000
● House - Off Market

6 Tobey Lane

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,800 Ft²
$1,359,816
RealtyHop Estimate
109.23%
Since Jan 1, 2010
MA-Boston
Primary Model

About This Property

ELEGANT and GRAND 2800SF colonial with EXCEPTIONAL CURB APPEAL. This four bedroom home has every amenity one could desire! Enjoy cooking for the holidays in your DREAM KITCHEN with custom cabinets, beveled granite, and GE MONOGRAM stainless appliances or ENTERTAIN in your formal diningroom that seats 10 and spacious livingroom with hardwood floors. FINISHED BASEMENT features BILLIARDS and MEDIA and CATHEDRAL FAMILYROOM with fireplace overlooks the beautifully landscaped backyard. HOME SWEET HOME
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$232
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1988

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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 #70980461)

Price History

Date / Event Date Event Price
Oct 30, 2020 Sold
Premium
Sold
Aug 24, 2020 Listed $849,900
Listed
Dec 11, 2009 Sold
Premium
Sold
Sep 25, 2009 Listed $649,900
Listed
Mar 20, 1998 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,280
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,053
  • Total Building Area: 2,856
  • Gross Building Area: 4,644
  • Building Area: 2,856
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000277
  • 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: 86254
  • District: 305
  • Parcel: WAKE M:000028 B:007A P:000111
  • Block: 7A
  • Municipality: WAKEFIELD
  • Latitude: 42.5136
  • Longitude: -71.0621

    Address

  • Full Address: 6 Tobey Ln
  • Address - House Number: 6
  • Address - Street Name: Tobey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1987
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,141,800

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,116,361
  • High Value: 1,314,253
  • Low Value: 918,468

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,014,900
  • Assessed Land Value: $395,500
  • Assessed Improvements Value: $619,400

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 201280
  • Previous Sale Recording Date: Dec 11, 2009
  • Previous Sale Amount: $612,000
  • 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:

$782,450

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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,665 /mo

  • Studio
  • 1 Bath
  • 588 ft²
200 Quannapowitt Parkway #S3, 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# 70980461

Frequently Asked Questions

When was property at 6 Tobey Lane built and last sold?
The property at 6 Tobey Lane was built in 1988 and last sold on Oct 6, 2020 for $882,000.
How much is this home worth?
The estimated value of the home located at 6 Tobey Lane is $873,838.
What are some comparable homes to 6 Tobey Lane?
There are currently no comparable homes to 6 Tobey Lane.
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