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Wakefield 01880
14 Paon Blvd
$820,000
● House - Off Market

14 Paon Blvd

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,299 Ft²
$4,707
Est. Monthly

About This Property

Rarely does a property like this hit the market in this charming Wakefield neighborhood. Family-owned for nearly five decades, this Cape-style home has undergone modern updates, expanding to 4 bedrooms and 4 bathrooms to suit various living arrangements. Features include a welcoming Farmer's porch, a spacious family room with high ceilings, custom cabinets in kitchen, and a private first-floor primary suite with a full bathroom, sitting area, laundry, and wet bar. The second floor boasts another primary suite with a spa-like bathroom and ample closet space. Enjoy the seasons from the light-filled 3-season room overlooking the deck with a hot tub and landscaped yard.
Unit Size
2,299 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$348
Property Type
House
Property Taxes
$779
HOA Dues
-
Year Built
1947

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73174884)

Price History

Date / Event Date Event Price
Jan 25, 2024 Sold
Premium
Sold
Dec 6, 2023 In contract -
In contract
Nov 9, 2023 Listed by Keller Williams Realty Evolution $799,900
Listed by Keller Williams Realty Evolution
Aug 1, 1975 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 616
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,032
  • Total Building Area: 2,299
  • Gross Building Area: 3,528
  • Building Area: 2,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,299
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 76726
  • District: 305
  • Parcel: WAKE M:00014B B:0103 P:0000N4
  • Block: 103
  • Municipality: WAKEFIELD
  • Latitude: 42.5218
  • Longitude: -71.0614

    Address

  • Full Address: 14 Paon Blvd
  • Address - House Number: 14
  • Address - Street Name: Paon
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1116
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $960,100

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 810,522
  • High Value: 873,250
  • Low Value: 747,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $853,400
  • Assessed Land Value: $383,300
  • Assessed Improvements Value: $470,100

    Sales

  • Current Sale Contract Date: Jan 25, 2024
  • Current Sale Recording Date: Jan 25, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8248
  • Previous Sale Recording Date: Aug 01, 1975
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: 27
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

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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73174884

Frequently Asked Questions

When was property at 14 Paon Boulevard built and last sold?
The property at 14 Paon Boulevard was built in 1947 and last sold on Jan 25, 2024 for $820,000.
How much is this home worth?
The estimated value of the home located at 14 Paon Boulevard is $819,520.
What are some comparable homes to 14 Paon Boulevard?
There are currently no comparable homes to 14 Paon Boulevard.
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