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Wakefield 01880
14 Traverse St
$580,000
● House - Off Market

14 Traverse St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,602 Ft²
$678,334
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

Here is your opportunity to live in Wakefield!  Charming 3 bedroom colonial w/1.5 baths...formal living room, kitchen/dining combo and 1st floor fireplaced family room..  Some  additional features include recessed lighting, gas fireplace in family room, bosch water heater and back & front staircases to 2nd floor bedrooms, one of which (staircase)  is  custom built...  relaxing outdoor space with beautifully landscaped lawn and plantings..lawn irrigation system. Comfortably situated close to local shops, downtown, Lake Quannapowitt, restaurants, schools and highways and walking trails..  ...a great place to call home!
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$359
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1900

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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 #72784893)

Price History

Date / Event Date Event Price
Apr 9, 2021 Sold
Premium
Sold
Feb 11, 2021 Listed by Conway - Hingham $575,000
Listed by Conway - Hingham

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 480
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,139
  • Total Building Area: 1,602
  • Gross Building Area: 2,583
  • Building Area: 1,602
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,602
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: GR

Geography

  • Account Number: 38906
  • District: 305
  • Parcel: WAKE M:000019 B:0192 P:000196
  • Block: 192
  • Municipality: WAKEFIELD
  • Latitude: 42.4982
  • Longitude: -71.0636

    Address

  • Full Address: 14 Traverse St
  • Address - House Number: 14
  • Address - Street Name: Traverse
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3343
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,800

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 673,941
  • High Value: 779,266
  • Low Value: 568,615

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,500
  • Assessed Land Value: $355,400
  • Assessed Improvements Value: $255,100

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 80883
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

1985 ft²

Average Home Age

71.4 years

Currently For Sale

48 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

$3,630 /mo

  • 2 Beds
  • 2 Baths
  • 1,238 ft²
200 Quannapowitt Parkway #B5, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72784893

Frequently Asked Questions

When was property at 14 Traverse Street built and last sold?
The property at 14 Traverse Street was built in 1900 and last sold on Apr 9, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 14 Traverse Street is $0.
What are some comparable homes to 14 Traverse Street?
There are currently no comparable homes to 14 Traverse Street.
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