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Wakefield 01880
10 Michael Rd
$650,108
● House - Off Market

10 Michael Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,104 Ft²
$860,922
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

WELCOME HOME! Close in time to use the fabulous INGROUND POOL!  >> Young heat, water heater and roof! <<  SPACIOUS LIVING SPACE with a sun splashed living room, good size dining room and kitchen, a bonus room and three bedrooms on the main level – including a master with its own bath! Nice deep 2 car garage, separate laundry room, large family room with half bath on the lower level with door to back yard and pool. Nicely maintained home that is very well located close to 136/137 bus to Oak Grove and Malden Station as well as Commuter Rail and shops/restaurants in Greenwood. Don't miss this one, make your appointment today!
Unit Size
2,104 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$299
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1985

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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 #72651938)

Price History

Date / Event Date Event Price
Jun 15, 2020 Sold
Premium
Sold
May 5, 2020 Listed by North Star Realtors LLC $629,900
Listed by North Star Realtors LLC
Apr 29, 2016 Sold
Premium
Sold
Feb 3, 2016 Listed by North Star Realtors LLC $559,000
Listed by North Star Realtors LLC
Sep 16, 2010 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • 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: 1,440
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 2,104
  • Gross Building Area: 3,160
  • Building Area: 2,104
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,104
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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: 50534
  • District: 305
  • Parcel: WAKE M:000025 B:0236 P:00006E
  • Block: 236
  • Municipality: WAKEFIELD
  • Latitude: 42.4779
  • Longitude: -71.0709

    Address

  • Full Address: 10 Michael Rd
  • Address - House Number: 10
  • Address - Street Name: Michael
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3612
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $844,300

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 838,805
  • High Value: 986,188
  • Low Value: 691,423

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $750,500
  • Assessed Land Value: $369,200
  • Assessed Improvements Value: $381,300

    Sales

  • Current Sale Contract Date: Jun 10, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 93110
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Amount: $545,000
  • 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

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2020 ft²

Average Home Age

70.6 years

Currently For Sale

47 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: 4 months ago
Data Source: MLS PIN, MLS# 72651938

Frequently Asked Questions

When was property at 10 Michael Road built and last sold?
The property at 10 Michael Road was built in 1985 and last sold on Jun 10, 2020 for $650,108.
How much is this home worth?
The estimated value of the home located at 10 Michael Road is $655,232.
What are some comparable homes to 10 Michael Road?
There are currently no comparable homes to 10 Michael Road.
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