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Wakefield 01880
114 Parker Rd
Photo of 114 Parker Rd
Sold on Dec 1, 2025

23

Map

Photo of 114 Parker Rd
Photo of 114 Parker Rd
$660,000
● House - Off Market

114 Parker Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,027 Ft²
$4,152
Est. Monthly
3.88%
Cap Rate

About This Property

Charming Cape Cod retreat in the heart Wakefield's west side Walton School district. This beautifully maintained 3-bedroom, 3-bath Cape Cod-style home effortlessly blends timeless character with a pristine location. Enter inside to find a warm and inviting interior, highlighted by gleaming hardwood floors, a sun-filled living room with a cozy fireplace, and dining area perfect for entertaining.  A flexible floor plan includes a first-floor bedroom and full bath ideal for guests or a home office. Upstairs, you will find two generously sized bedrooms with ample closet space and a full bath. The finished lower level offers bonus office/playroom full bath and a workshop. 1 mile to Lake Quannapowitt and the commuter rail , and just 10 minutes to Market Street.
Unit Size
2,027 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$345
Property Type
House
Property Taxes
$719
HOA Dues
-
Year Built
1949

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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: 10 months ago (MLSPIN #73400580)

Price History

Date / Event Date Event Price
Dec 1, 2025 Sold
Premium
Sold
Oct 21, 2025 In contract -
In contract
Sep 30, 2025 Price Decreased $699,000
↓ $90K (11.4%)
Price Decreased
Sep 14, 2025 Price Decreased $789,000
↓ $30K (3.7%)
Price Decreased
Aug 29, 2025 Price Decreased $819,000
↓ $71K (8%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1965
  • 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: 4
  • Exterior Walls Type: 2
  • 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: 919
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,554
  • Total Building Area: 2,027
  • Gross Building Area: 3,109
  • Building Area: 2,027
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,027
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000288
  • 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: 2410
  • District: 305
  • Parcel: WAKE M:000003 B:0082 P:00004B
  • Block: 82
  • Municipality: WAKEFIELD
  • Latitude: 42.5098
  • Longitude: -71.0918

    Address

  • Full Address: 114 Parker Rd
  • Address - House Number: 114
  • 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: $796,200

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 805,529
  • High Value: 938,056
  • Low Value: 673,001

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $707,700
  • Assessed Land Value: $403,700
  • Assessed Improvements Value: $304,000
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

1985 ft²

Average Home Age

71.4 years

Currently For Sale

48 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

$3,630 /mo

  • 2 Beds
  • 2 Baths
  • 1,238 ft²
200 Quannapowitt Parkway #B5, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 10 months ago
Data Source: MLS PIN, MLS# 73400580

Frequently Asked Questions

When was property at 114 Parker Road built and last sold?
The property at 114 Parker Road was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 114 Parker Road is $0.
What are some comparable homes to 114 Parker Road?
There are currently no comparable homes to 114 Parker Road.
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