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Wakefield 01880
10 Cedar Ct
$715,000
● House - Off Market

10 Cedar Ct

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,216 Ft²
$622,448
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

SUNDAY OPEN HOUSE CANCELLED, OFFER ACCEPTED. Welcome to Wakefield!  This renovated colonial is just what you have been looking for.  The first floor's open floor plan highlights wood floors, modern gas fireplace, living, dining, kitchen and a full bath.  Three bedrooms upstairs, with main bedroom boasting two large closets.  No need to go to the basement to switch loads, laundry is located upstairs in full bath. End your day enjoying the large front porch or grilling out back. 2016 renovation included new heating system, HW heater, plumbing, 200 amp electrical, central air, beautiful hardwood floors & new driveway.  Terrific location - 0.2 miles to commuter rail, 0.3 miles to Lake Quannapowitt, farmers market and nearby local shops and restaurants.
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$493
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1883

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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 #72943501)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by LAER Realty Partners $599,000
Listed by LAER Realty Partners
Jun 23, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by LAER Realty Partners $459,900
Listed by LAER Realty Partners
Jan 19, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 712
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,544
  • Total Building Area: 1,216
  • Gross Building Area: 2,290
  • Building Area: 1,216
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,216
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000058
  • 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: 18972
  • District: 305
  • Parcel: WAKE M:000012 B:0330 P:000003
  • Block: 330
  • Municipality: WAKEFIELD
  • Latitude: 42.5037
  • Longitude: -71.079

    Address

  • Full Address: 10 Cedar Ct
  • Address - House Number: 10
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2206
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $729,000

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 774,096
  • High Value: 931,508
  • Low Value: 616,683

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,000
  • Assessed Land Value: $278,000
  • Assessed Improvements Value: $370,000

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 44973
  • Previous Sale Recording Date: Jun 23, 2016
  • Previous Sale Amount: $450,000
  • 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

49

Average Home Size

1889 ft²

Average Home Age

68.4 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

$4,970 /mo

  • 3 Beds
  • 2 Baths
  • 1,402 ft²
200 Quannapowitt Parkway #C4, 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# 72943501

Frequently Asked Questions

When was property at 10 Cedar Court built and last sold?
The property at 10 Cedar Court was built in 1883 and last sold on Mar 25, 2022 for $715,000.
How much is this home worth?
The estimated value of the home located at 10 Cedar Court is $595,443.
What are some comparable homes to 10 Cedar Court?
There are currently no comparable homes to 10 Cedar Court.
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