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Wakefield 01880
111 Spring Street
$300,000
● House - Off Market

111 Spring Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,154 Ft²
$652,439
RealtyHop Estimate
117.55%
Since Apr 1, 2012
MA-Boston
Primary Model

About This Property

Nicely maintained Cape features 3 bedrooms,2.5 bathrooms, central air conditioning on 1st and 2nd floors, skylight, natural woodwork, 2 year old bath, and thermopane windows.
Unit Size
2,154 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$139
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71302775)

Price History

Date / Event Date Event Price
May 17, 2021 Sold
Premium
Sold
Mar 3, 2021 Listed by Boardwalk Real Estate $599,995
Listed by Boardwalk Real Estate
Mar 15, 2012 Sold
Premium
Sold
Oct 20, 2011 Listed by Boardwalk Real Estate $299,900
Listed by Boardwalk Real Estate
Sep 12, 2001 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 980
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,751
  • Total Building Area: 2,154
  • Gross Building Area: 3,239
  • Building Area: 2,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,154
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000247
  • 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: 50673
  • District: 305
  • Parcel: WAKE M:000025 B:0075 P:0003A1
  • Block: 75
  • Municipality: WAKEFIELD
  • Latitude: 42.4781
  • Longitude: -71.076

    Address

  • Full Address: 111 Spring St
  • Address - House Number: 111
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3665
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $759,700

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 773,553
  • High Value: 909,617
  • Low Value: 637,490

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $675,300
  • Assessed Land Value: $386,700
  • Assessed Improvements Value: $288,600

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112120
  • Previous Sale Recording Date: Mar 15, 2012
  • Previous Sale Amount: $300,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71302775

Frequently Asked Questions

When was property at 111 Spring Street built and last sold?
The property at 111 Spring Street was built in 1950 and last sold on May 17, 2021 for $630,000.
How much is this home worth?
The estimated value of the home located at 111 Spring Street is $618,082.
What are some comparable homes to 111 Spring Street?
There are currently no comparable homes to 111 Spring Street.
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