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Wakefield 01880
112 Parker Road
$540,000
● House - Off Market

112 Parker Road

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,903 Ft²
$682,000
RealtyHop Estimate
48.29%
Since Jun 1, 2018
MA-Boston
Primary Model

About This Property

No further showings. Introducing 112 Parker Road, located in Wakefield's WESTSIDE!  Character galore surrounds this beautifully maintained 3 bedroom RANCH, offering a FIREPLACE living room, dining room and Maple cabinet kitchen. First floor FAMILY ROOM/HOME OFFICE with LOTS OF LIGHT overlooking a generous size back yard. Welcome Spring outside on the composite DECK with BUILT IN benches and patio. Amazing ENTERTAINMENT SUITE finished lower level with custom built in closets/storage presents many options from study area, media room to entertainment area/pool room (pool table included!).  Young (2014) state of the art GAS Furnace. Garage with storage.  Fenced in, PROFESSIONALLY LANDSCAPED yard with SPRINKLER SYSTEM. All offers due April 10th by 12:00 noon. What a pleasure to show this one!!
Unit Size
1,903 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$242
Property Type
House
Property Taxes
$480
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 #72302577)

Price History

Date / Event Date Event Price
May 29, 2018 Sold
Premium
Sold
Apr 4, 2018 Listed by Classified Realty Group $459,900
Listed by Classified Realty Group
Jun 6, 2013 Sold
Premium
Sold
Mar 13, 2013 Listed by Classified Realty Group $399,900
Listed by Classified Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,102
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,816
  • Total Building Area: 1,763
  • Gross Building Area: 2,998
  • Building Area: 1,763
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,763
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000248
  • 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: 2436
  • District: 305
  • Parcel: WAKE M:000003 B:0081 P:00004H
  • Block: 81
  • Municipality: WAKEFIELD
  • Latitude: 42.5097
  • Longitude: -71.0915

    Address

  • Full Address: 112 Parker Rd
  • Address - House Number: 112
  • Address - Street Name: Parker
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1407
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $793,500

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 786,398
  • High Value: 924,572
  • Low Value: 648,223

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $705,300
  • Assessed Land Value: $391,300
  • Assessed Improvements Value: $314,000

    Sales

  • Current Sale Recording Date: May 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 74857
  • Previous Sale Recording Date: Jun 06, 2013
  • Previous Sale Amount: $388,000
  • 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:

$779,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1964 ft²

Average Home Age

72.4 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,425 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 72302577

Frequently Asked Questions

When was property at 112 Parker Road built and last sold?
The property at 112 Parker Road was built in 1950 and last sold on Jan 1, 1970 for $540,000.
How much is this home worth?
The estimated value of the home located at 112 Parker Road is $490,915.
What are some comparable homes to 112 Parker Road?
There are currently no comparable homes to 112 Parker Road.
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