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Wakefield 01880
13 Nelson Ave
$580,000
● House - Off Market

13 Nelson Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,224 Ft²
$567,830
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

Come home to your dream forever home ~ situated on a beautiful tree-lined street in one of Wakefield's most desirable neighborhoods, sits this picturesque Cape featuring a large eat-in kitchen w/ample cabinets and counter space, spacious living room w/gleaming hardwood floors & fireplace, full bath and two first floor bedrooms w/gleaming hardwood floors. You can choose to have one of the bedrooms as a dining room.  The second floor features two large bedrooms w/great closet space and half bath. Enjoy your morning coffee in the sun-filled family room w/wood burning stove while watching the birds or the kids play in the huge back yard.
Unit Size
1,224 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$408
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1955

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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: 5 years ago (MLSPIN #72884001)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Barrett, Chris. J., REALTORS® $499,900
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,301
  • Total Building Area: 1,224
  • Gross Building Area: 2,732
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000282
  • 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: 70674
  • District: 305
  • Parcel: WAKE M:000038 B:0123 P:000B79
  • Block: 123
  • Municipality: WAKEFIELD
  • Latitude: 42.5106
  • Longitude: -71.0501

    Address

  • Full Address: 13 Nelson Ave
  • Address - House Number: 13
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 4921
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,300

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 682,120
  • High Value: 805,372
  • Low Value: 558,868

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,800
  • Assessed Land Value: $399,400
  • Assessed Improvements Value: $244,400

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 216586
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:

$775,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2032 ft²

Average Home Age

84.8 years

Currently For Sale

54 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

Rentals Near You

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72884001

Frequently Asked Questions

When was property at 13 Nelson Avenue built and last sold?
The property at 13 Nelson Avenue was built in 1955 and last sold on Sep 30, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 13 Nelson Avenue is $0.
What are some comparable homes to 13 Nelson Avenue?
There are currently no comparable homes to 13 Nelson Avenue.
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