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Wakefield 01880
7 Garden Lane
$337,500
● House - Off Market

7 Garden Lane

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,254,991
RealtyHop Estimate
258.67%
Since Feb 1, 1999
MA-Boston
Primary Model

About This Property

QUALITY BUILT COLONIAL! FP FAMRM; 4 BEDRMS; IN-HOUSE SPRINKLER SYSTEM; MBR HAS 0 CLEARANCE FP, CATHEDRAL CEILING; HW FLOORS IN DR AND LR. CT IN KIT, FRONT HALL, DINING AREA. DECK IS 17X12. ETCHED GLASS FRONT DOOR. FARMER'S PORCH!!
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998

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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 years ago (MLSPIN #30267324)

Price History

Date / Event Date Event Price
Jan 22, 1999 Sold
Premium
Sold
Oct 13, 1998 Listed by Boardwalk Real Estate $349,900
Listed by Boardwalk Real Estate

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,210
  • Total Building Area: 2,835
  • Gross Building Area: 3,805
  • Building Area: 2,835
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,835
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000280
  • 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: 90296
  • District: 305
  • Parcel: WAKE M:000037 B:149G P:00GL14
  • Block: 149G
  • Municipality: WAKEFIELD
  • Latitude: 42.5153
  • Longitude: -71.0494

    Address

  • Full Address: 7 Garden Ln
  • Address - House Number: 7
  • Address - Street Name: Garden
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2030
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,083,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,017,600
  • High Value: 1,194,665
  • Low Value: 840,535

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $963,500
  • Assessed Land Value: $376,500
  • Assessed Improvements Value: $587,000

    Sales

  • Current Sale Recording Date: Jan 22, 1999
  • Current Sale Price:
    Premium
  • Current 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:

$779,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1855 ft²

Average Home Age

64.4 years

Currently For Sale

47 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30267324

Frequently Asked Questions

When was property at 7 Garden Lane built and last sold?
The property at 7 Garden Lane was built in 1998 and last sold on Jan 1, 1970 for $337,500.
How much is this home worth?
The estimated value of the home located at 7 Garden Lane is $0.
What are some comparable homes to 7 Garden Lane?
There are currently no comparable homes to 7 Garden Lane.
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