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Wakefield 01880
14 Babson Street
$650,000
● House - Off Market

14 Babson Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,150 Ft²
$668,594
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to 14 Babson Street, in Wakefield.  Set amongst the trees on a quiet dead end street.  Nice traditional style oversized split level with finished space in the basement,  As you enter this spacious home it welcomes you to a fireplaced living room, three generously sized bedrooms and gleaming hard wood floors throughout the main level.  The eat-in kitchen leads to a nice sized patio in an attractive multi tiered back yard.  This home also features central air and a security system.  There is  potential for teen suite, in-law, or office space, with a kitchen, laundry room and 1/4 bath in the finished basement, also has door to the backyard.  Short distance to downtown shopping, restaurants, commuter rail, and lake.
Unit Size
2,150 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$298
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1967

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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 months ago (MLSPIN #73007748)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by LeRoux Realty Group $639,900
Listed by LeRoux Realty Group

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,344
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,304
  • Total Building Area: 2,150
  • Gross Building Area: 3,232
  • Building Area: 2,150
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,150
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000214
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 46535
  • District: 305
  • Parcel: WAKE M:000024 B:0078 P:0G287A
  • Block: 78
  • Municipality: WAKEFIELD
  • Latitude: 42.4797
  • Longitude: -71.0597

    Address

  • Full Address: 14 Babson St
  • Address - House Number: 14
  • Address - Street Name: Babson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C016
  • 4-Digit Zip Code: 4302
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,100

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 784,673
  • High Value: 922,692
  • Low Value: 646,653

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,000
  • Assessed Land Value: $377,300
  • Assessed Improvements Value: $303,700

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1921126
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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2018 ft²

Average Home Age

78.5 years

Currently For Sale

52 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: 5 months ago
Data Source: MLS PIN, MLS# 73007748

Frequently Asked Questions

When was property at 14 Babson Street built and last sold?
The property at 14 Babson Street was built in 1967 and last sold on Aug 16, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 14 Babson Street is $663,415.
What are some comparable homes to 14 Babson Street?
There are currently no comparable homes to 14 Babson Street.
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