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Wakefield 01880
14 Grove Street
$343,000
● House - Off Market

14 Grove Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,407 Ft²
$627,452
RealtyHop Estimate
84.60%
Since Jan 1, 2005
MA-Boston
Primary Model

About This Property

CAPE COD STYLE HOME WITH AMPLE SPACE AND NICE ROOM LAYOUT.  ENCLOSED FRONT PORCH. LIVING ROOM CONTAINS FP ON INTERIOR WALL.  LR OPEN TO FORMAL DR.  NATURAL WOODWORK.  HW FLOORS. EAT-IN KITCHEN.  1/2 BTH ON 1ST, FULL ON 2ND. NEWER ROOF, HEATING SYSTEM & ELECTRIC BOX. LARGE LOT.  NEEDS TLC AND UPDATING IN KITCHEN AND BATHS.  DEAD END STREET.  NICE LOCATION.
Unit Size
1,407 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$242
Property Type
House
Property Taxes
$241
HOA Dues
-
Year Built
1930

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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 #70102908)

Price History

Date / Event Date Event Price
Dec 1, 2004 Sold
Premium
Sold
Oct 10, 2004 Listed by Sam Stella REALTORS® $339,900
Listed by Sam Stella REALTORS®

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 683
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 2,403
  • Gross Building Area: 3,584
  • Building Area: 2,403
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,403
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 54121
  • District: 305
  • Parcel: WAKE M:000027 B:0154 P:000097
  • Block: 154
  • Municipality: WAKEFIELD
  • Latitude: 42.4764
  • Longitude: -71.0634

    Address

  • Full Address: 14 Grove St
  • Address - House Number: 14
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4258
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $885,500

    Appraisal Valuation

  • Standard Deviation: 0.18
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 830,952
  • High Value: 980,529
  • Low Value: 681,374

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $787,100
  • Assessed Land Value: $404,500
  • Assessed Improvements Value: $382,600

    Sales

  • Current Sale Recording Date: Dec 01, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 302238
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:

$779,900

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1840 ft²

Average Home Age

69.5 years

Currently For Sale

50 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# 70102908

Frequently Asked Questions

When was property at 14 Grove Street built and last sold?
The property at 14 Grove Street was built in 1930 and last sold on Jan 1, 1970 for $343,000.
How much is this home worth?
The estimated value of the home located at 14 Grove Street is $359,397.
What are some comparable homes to 14 Grove Street?
There are currently no comparable homes to 14 Grove Street.
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