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Wakefield 01880
12 Lovis Ave
Photo of 12 Lovis Ave

1

Map

$449,000
↓ $50K (10%)
● Land - For Sale

12 Lovis Ave

Wakefield, MA 01880
bedrooms
Studio
bathrooms
0 Bath
$2,594
Est. Monthly

About This Property

Build your dream home on this 0.58-acre parcel tucked into a desirable Wakefield neighborhood just one mile from Greenwood Station. Surrounded by multiple new construction homes, this lot offers a rare opportunity for buyers, builders, or developers seeking a location that blends neighborhood charm with everyday convenience. Enjoy easy access to local shops, schools, parks, and commuter routes while creating a custom-built residence in a growing area of town.
Unit Size
-
Days on Market
-
Land Size
0.58 acres
Price per sqft
-
Property Type
Land
Property Taxes
$389
HOA Dues
-
Year Built
-

Listed By

Max Dublin Team
Gibson Sotheby's International Realty

Payment Calculator

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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: 21 days ago (MLSPIN #73461576)

Price History

Date / Event Date Event Price
Sep 9, 2026 Price Decreased $449,000
↓ $50K (10%)
Price Decreased
Dec 11, 2025 Listed by Gibson Sotheby's International Realty $499,000
Listed by Gibson Sotheby's International Realty

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: Sloped, Wooded, Cul-De-Sac
Lot Size Area: 0.58
Lot Size Units: Acres
Lot Size Acres: 0.58
Lot Size Square Feet: 25326
Water Source: Private
Financial Details
Tax Assessed Value: $410,800
Tax Annual Amount: $4,663
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,326
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000581
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 43668
  • District: 305
  • Parcel: WAKE M:000022 B:045B P:000026
  • Block: 45B
  • Municipality: WAKEFIELD
  • Latitude: 42.4813
  • Longitude: -71.0752

    Address

  • Full Address: 12 Lovis Ave
  • Address - House Number: 12
  • Address - Street Name: Lovis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3653
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $440,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,500
  • Assessed Land Value: $391,500
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

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 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: 21 days ago
Data Source: MLS PIN, MLS# 73461576

Frequently Asked Questions

When was property at 12 Lovis Avenue built and last sold?
The property at 12 Lovis Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 12 Lovis Avenue is $453,490.
What are some comparable homes to 12 Lovis Avenue?
There are currently no comparable homes to 12 Lovis Avenue.
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