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Wakefield 01880
1 Ludlow Ave
Photo of 1 Ludlow Ave
Sold on Dec 30, 2025

34

Map

Photo of 1 Ludlow Ave
Photo of 1 Ludlow Ave
$799,000
● House - Off Market

1 Ludlow Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,944 Ft²
$4,710
Est. Monthly

About This Property

Set on a private dead-end road in Wakefield, this inviting home offers exceptional bonus space and flexibility for today's lifestyle. The open-concept layout and vaulted ceilings create a bright, airy feel, while the gas fireplace and gas stove add warmth and character throughout. The walkout lower level provides endless possibilities-perfect for a home office, gym, guest suite, or recreation room. Step outside to a private yard ideal for relaxing or entertaining. A rare opportunity to enjoy peaceful living just moments from everything Wakefield has to offer.
Unit Size
2,944 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$271
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1960

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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: 10 months ago (MLSPIN #73447054)

Price History

Date / Event Date Event Price
Dec 30, 2025 Sold
Premium
Sold
Nov 18, 2025 In contract -
In contract
Oct 31, 2025 Price Decreased $799,000
↓ $16K (2%)
Price Decreased
Oct 23, 2025 Listed by Today Real Estate, Inc. $815,000
Listed by Today Real Estate, Inc.
Mar 10, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,617
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,142
  • Total Building Area: 2,944
  • Gross Building Area: 3,775
  • Building Area: 2,944
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000302
  • 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: 51668
  • District: 305
  • Parcel: WAKE M:000025 B:0092 P:00494A
  • Block: 92
  • Municipality: WAKEFIELD
  • Latitude: 42.4776
  • Longitude: -71.0742

    Address

  • Full Address: 1 Ludlow Ave
  • Address - House Number: 1
  • Address - Street Name: Ludlow
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3675
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $929,500

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 900,565
  • High Value: 1,039,298
  • Low Value: 761,832

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $826,200
  • Assessed Land Value: $405,500
  • Assessed Improvements Value: $420,700

    Sales

  • Current Sale Recording Date: Mar 10, 1987
  • 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:

$782,450

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1828 ft²

Average Home Age

65.7 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 73447054

Frequently Asked Questions

When was property at 1 Ludlow Avenue built and last sold?
The property at 1 Ludlow Avenue was built in 1960 and last sold on Jan 1, 1970 for $184,000.
How much is this home worth?
The estimated value of the home located at 1 Ludlow Avenue is $0.
What are some comparable homes to 1 Ludlow Avenue?
There are currently no comparable homes to 1 Ludlow Avenue.
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