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Wakefield 01880
149 Prospect St
$440,000
● House - Off Market

149 Prospect St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,520 Ft²
$755,452
RealtyHop Estimate
68.25%
Since Jun 1, 2016
MA-Boston
Primary Model

About This Property

Easy living awaits you at this picturesque 3 bedroom bungalow in the heart of Wakefield's Westside. Meticulously maintained and boosting with fine woodwork and period detailing, you'll find no better example of appealing charm and character on the market today.  With 6 rooms all on the first floor, this home offers a versatile floor plan complimented with 2 first floor bedrooms, inviting front entry way, hardwood flooring, formal dining room and ample natural lighting thought out. Your own private retreat awaits you upstairs as well in the spacious master bedroom, complete with private bath.  Situated on an impressive 13,000 SF lot along with newer 2 car garage and rear deck, you'll find living at 149 Prospect Street to be a breeze.  Why not plan to stop by today.
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$295
Property Type
House
Property Taxes
$425
HOA Dues
-
Year Built
1925

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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: 4 months ago (MLSPIN #71983754)

Price History

Date / Event Date Event Price
Oct 13, 2021 Sold
Premium
Sold
Aug 27, 2021 Listed by Century 21 Commonwealth $539,900
Listed by Century 21 Commonwealth
May 20, 2016 Sold
Premium
Sold
Apr 6, 2016 Listed by Century 21 Commonwealth $449,000
Listed by Century 21 Commonwealth
Apr 15, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1961
  • 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: 3
  • Exterior Walls Type: 19
  • 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: 2,029
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,290
  • Total Building Area: 3,593
  • Gross Building Area: 6,120
  • Building Area: 3,593
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,593
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000305
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: SR

Geography

  • Account Number: 3201
  • District: 305
  • Parcel: WAKE M:000004 B:0149 P:0000K3
  • Block: 149
  • Municipality: WAKEFIELD
  • Latitude: 42.5026
  • Longitude: -71.091

    Address

  • Full Address: 149 Prospect St
  • Address - House Number: 149
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C037
  • 4-Digit Zip Code: 2126
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $981,100

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 714,760
  • High Value: 843,910
  • Low Value: 585,611

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $872,100
  • Assessed Land Value: $404,300
  • Assessed Improvements Value: $467,800

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 225129
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: O
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

1956 ft²

Average Home Age

73.3 years

Currently For Sale

49 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,620 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71983754

Frequently Asked Questions

When was property at 149 Prospect Street built and last sold?
The property at 149 Prospect Street was built in 1925 and last sold on Oct 13, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 149 Prospect Street is $555,173.
What are some comparable homes to 149 Prospect Street?
There are currently no comparable homes to 149 Prospect Street.
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