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Wakefield 01880
11 Newell Road
$565,000
● House - Off Market

11 Newell Road

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,338 Ft²
$992,404
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Desirable Westside Colonial on a landscaped corner lot with a fenced in yard.  Well sought after family friendly neighborhood in Walton school  district.  This home features large fireplace living room, formal dinning room with built in hutch, updated kitchen with cherry cabinets, stainless steel appliances  and granite counter tops.  1st floor family room plus bonus room.  Great screened in enclosed porch.  Second floor boasts four bedrooms and walk up attic.  Roof, windows and furnace approximately seven years old and the kitchen was done approximately six years ago.
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$244
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1926

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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: 5 months ago (MLSPIN #71804090)

Price History

Date / Event Date Event Price
Jun 1, 2015 Sold
Premium
Sold
Mar 20, 2015 Listed by Barrett, Chris. J., REALTORS® $569,900
Listed by Barrett, Chris. J., REALTORS®
Feb 20, 2004 Sold
Premium
Sold
Sep 14, 2003 Listed by Barrett, Chris. J., REALTORS® $489,900
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 21
  • 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: 935
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,991
  • Total Building Area: 2,338
  • Gross Building Area: 4,047
  • Building Area: 2,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,338
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 10831
  • District: 305
  • Parcel: WAKE M:000008 B:0024 P:000W9D
  • Block: 24
  • Municipality: WAKEFIELD
  • Latitude: 42.4955
  • Longitude: -71.0852

    Address

  • Full Address: 11 Newell Rd
  • Address - House Number: 11
  • Address - Street Name: Newell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2646
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $895,700

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 883,400
  • High Value: 1,028,740
  • Low Value: 738,061

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $796,200
  • Assessed Land Value: $369,100
  • Assessed Improvements Value: $427,100

    Sales

  • Current Sale Recording Date: Jun 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1700359
  • Previous Sale Recording Date: Feb 20, 2004
  • Previous Sale Amount: $480,000
  • 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:

$775,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2054 ft²

Average Home Age

86.9 years

Currently For Sale

46 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

$2,750 /mo

  • 1 Bed
  • 1 Bath
  • 783 ft²
200 Quannapowitt Parkway #A3, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71804090

Frequently Asked Questions

When was property at 11 Newell Road built and last sold?
The property at 11 Newell Road was built in 1926 and last sold on Jan 1, 1970 for $565,000.
How much is this home worth?
The estimated value of the home located at 11 Newell Road is $595,480.
What are some comparable homes to 11 Newell Road?
There are currently no comparable homes to 11 Newell Road.
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