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Wakefield 01880
13 Chapman Road
$360,000
● House - Off Market

13 Chapman Road

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$702,518
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

Like new Cape located in desirable Chapman Park.  Beautiful new kitchen including oak cabinets with under cabinet lighting, new floor,  and new stove, dishwasher,  and built-in microwave.  Updated tiled bathroom.  Refinished hardwood floors, six panel wood doors, all new windows and molding,  new light fixtures, and new fireproof door to garage.  All rooms have just been beautifully wallpapered.  Room in lower level will have new plastered ceiling with recessed lighting.  Possible expansion in l
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$356
Property Type
House
Property Taxes
$202
HOA Dues
-
Year Built
1948

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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: 4 months ago (MLSPIN #70005277)

Price History

Date / Event Date Event Price
May 26, 2004 Sold
Premium
Sold
Mar 10, 2004 Listed by Century 21 Greer's R. E. $369,900
Listed by Century 21 Greer's R. E.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,029
  • Total Building Area: 1,040
  • Gross Building Area: 2,384
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 71327
  • District: 305
  • Parcel: WAKE M:000038 B:0058 P:0000B4
  • Block: 58
  • Municipality: WAKEFIELD
  • Latitude: 42.5133
  • Longitude: -71.0478

    Address

  • Full Address: 13 Chapman Rd
  • Address - House Number: 13
  • Address - Street Name: Chapman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 4908
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $620,800

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 586,590
  • High Value: 695,759
  • Low Value: 477,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $551,800
  • Assessed Land Value: $339,600
  • Assessed Improvements Value: $212,200

    Sales

  • Current Sale Recording Date: May 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 133259
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

1956 ft²

Average Home Age

73.3 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70005277

Frequently Asked Questions

When was property at 13 Chapman Road built and last sold?
The property at 13 Chapman Road was built in 1948 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 13 Chapman Road is $382,673.
What are some comparable homes to 13 Chapman Road?
There are currently no comparable homes to 13 Chapman Road.
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