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Wakefield 01880
1 Grove Street
$185,000
● House - Off Market

1 Grove Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$822,531
RealtyHop Estimate
322.03%
Since May 1, 1997
MA-Boston
Primary Model

About This Property

LG COLONIAL; PRETTY WINDOW SETA AREA ON SECOND FLOOR; HW FLR THROUGHOUT; NEW ROOF IN 1995; NEWLY PAINTED EXTERIOR; SHORT DISTANCE TO COMMUTER RAIL; LEVEL CORNER LOT; CLOSE TO GREEN- WOOD SCHOOL. ATTRACTIVE COUNTRY PORCH.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$191
HOA Dues
-
Year Built
1882

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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 #30143000)

Price History

Date / Event Date Event Price
Oct 29, 1999 Sold
Premium
Sold
Apr 18, 1997 Sold
Premium
Sold
Jan 15, 1997 Listed $194,900
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1882
  • 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: 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: 744
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,950
  • Total Building Area: 1,570
  • Gross Building Area: 2,902
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 03
  • Land Acres: 0000000183
  • 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: 53911
  • District: 305
  • Parcel: WAKE M:000027 B:0221 P:000066
  • Block: 221
  • Municipality: WAKEFIELD
  • Latitude: 42.4777
  • Longitude: -71.064

    Address

  • Full Address: 1 Grove St
  • Address - House Number: 1
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4222
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $733,300

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 743,215
  • High Value: 902,309
  • Low Value: 584,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $651,800
  • Assessed Land Value: $363,600
  • Assessed Improvements Value: $288,200

    Sales

  • Current Sale Recording Date: Oct 29, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 18, 1997
  • Previous Sale Amount: $185,000
  • 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

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1876 ft²

Average Home Age

66.7 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30143000

Frequently Asked Questions

When was property at 1 Grove Street built and last sold?
The property at 1 Grove Street was built in 1882 and last sold on Jan 1, 1970 for $239,900.
How much is this home worth?
The estimated value of the home located at 1 Grove Street is $0.
What are some comparable homes to 1 Grove Street?
There are currently no comparable homes to 1 Grove Street.
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