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Wakefield 01880
8 Orsini Dr
$1,200,000
● House - Off Market

8 Orsini Dr

Wakefield, MA 01880
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,096 Ft²
$1,213,529
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Privacy galore in this tucked away  5BR colonial!  Open concept kitchen with granite island/SS appliances/ built in wine rack...opens to dining area & family  room with custom fire place..French doors lead to a formal LR.   Sliders from FR to new granite steps/patio situated on a professionally landscape lot..great for entertaining...Main bedroom with jacuzzi tub/new tiled stand alone shower  WIC.....scenic views from loft bedroom which is great for extended  family or  au pair potential...new 1st fl full bath w/steam shower ....recessed lighting/ceiling fans in most roooms..one car oversized  garage/ 3 central air condensers.  ...so many nice amenities, and nothing to do but move in.
Unit Size
3,096 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$371
Property Type
House
Property Taxes
$1,002
HOA Dues
-
Year Built
1999

Payment Calculator

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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 #73001439)

Price History

Date / Event Date Event Price
Sep 21, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by Barrett, Chris. J., REALTORS® $1,150,000
Listed by Barrett, Chris. J., REALTORS®
Jun 13, 2014 Sold
Premium
Sold
Apr 23, 2014 Listed by Barrett, Chris. J., REALTORS® $699,900
Listed by Barrett, Chris. J., REALTORS®
Dec 30, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • 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: 1,426
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,112
  • Total Building Area: 3,096
  • Gross Building Area: 5,274
  • Building Area: 3,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,096
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000622
  • 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: 90271
  • District: 305
  • Parcel: WAKE M:00039B B:076D P:000L24
  • Block: 76D
  • Municipality: WAKEFIELD
  • Latitude: 42.5008
  • Longitude: -71.0502

    Address

  • Full Address: 8 Orsini Dr
  • Address - House Number: 8
  • Address - Street Name: Orsini
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3562
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,304,700

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,236,819
  • High Value: 1,456,064
  • Low Value: 1,017,574

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,159,700
  • Assessed Land Value: $370,400
  • Assessed Improvements Value: $789,300

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1923528
  • Previous Sale Recording Date: Jun 13, 2014
  • Previous Sale Amount: $715,000
  • 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

$450

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73001439

Frequently Asked Questions

When was property at 8 Orsini Drive built and last sold?
The property at 8 Orsini Drive was built in 1999 and last sold on Sep 21, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 8 Orsini Drive is $1,157,680.
What are some comparable homes to 8 Orsini Drive?
There are currently no comparable homes to 8 Orsini Drive.
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