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Wakefield 01880
1 Hillside Ave
$400,000
● House - Off Market

1 Hillside Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,562 Ft²
$593,575
RealtyHop Estimate
43.06%
Since Sep 1, 2019
MA-Boston
Primary Model

About This Property

Here's your chance to move to a sought after Wakefield location. This charming colonial offers a flexible 1st floor with sunny front room featuring built in book shelf's, The second floor has 3 bedroom's with ample closets, full bath and 2nd floor laundry.The lower level offers potential for extra living space with walk out access and rough plumbing for a bath. The private large deck is perfect for outdoor entertaining. A practically maintenance free yard allows you to enjoy your weekend doing what you like. Situated right around the corner from Lake Quannapowit, you will love having all of Wakefield's great amenities right out side your door. Access to the train, bus and highways are just minutes away. Perfect townhouse alternative .Bring your HGTV ideas and make this your new home.
Unit Size
1,562 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$266
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
1900

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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 #72513478)

Price History

Date / Event Date Event Price
Aug 29, 2019 Sold
Premium
Sold
Jun 5, 2019 Listed by Barrett, Chris. J., REALTORS® $414,900
Listed by Barrett, Chris. J., REALTORS®
Jun 11, 1979 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1952
  • 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: 801
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,798
  • Total Building Area: 1,562
  • Gross Building Area: 3,072
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000087
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: GR

Geography

  • Account Number: 17785
  • District: 305
  • Parcel: WAKE M:000011 B:0137 P:000114
  • Block: 137
  • Municipality: WAKEFIELD
  • Latitude: 42.5037
  • Longitude: -71.0801

    Address

  • Full Address: 1 Hillside Ave
  • Address - House Number: 1
  • Address - Street Name: Hillside
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2246
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $714,000

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 674,208
  • High Value: 799,684
  • Low Value: 548,731

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,700
  • Assessed Land Value: $354,900
  • Assessed Improvements Value: $279,800

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Aug 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 130586
  • Previous Sale Recording Date: Jun 11, 1979
  • Previous Sale Amount: $40,100
  • 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:

$787,000

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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, 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# 72513478

Frequently Asked Questions

When was property at 1 Hillside Avenue built and last sold?
The property at 1 Hillside Avenue was built in 1900 and last sold on Aug 29, 2019 for $400,000.
How much is this home worth?
The estimated value of the home located at 1 Hillside Avenue is $435,914.
What are some comparable homes to 1 Hillside Avenue?
There are currently no comparable homes to 1 Hillside Avenue.
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