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Wakefield 01880
15 Karen Rd
$450,000
● House - Off Market

15 Karen Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,296 Ft²
$571,441
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Looking for a home in an ideal location on the west side of Wakefield? Build your dream here .... This 3 bdrm Cape w a potential 4th bdrm, office or dining room; along with a cozy wood burning fireplace in living room; half bath in basement; Oak flooring throughout and a perfect back yard.    Home is in need of some remodeling and has expansion possibilities. Tucked away in a quiet neighborhood with close access to Rte 128/95, 93 & 28 and all the amenities that Wakefield has to offer.  A home and location you don't want to pass by ....
Unit Size
1,296 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$308
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1950

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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 #72594835)

Price History

Date / Event Date Event Price
Jan 13, 2020 Sold
Premium
Sold
Nov 21, 2019 Listed by Boardwalk Real Estate $399,500
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1961
  • 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: 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,302
  • Total Building Area: 1,296
  • Gross Building Area: 2,822
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 318
  • District: 305
  • Parcel: WAKE M:000002 B:0020 P:000C10
  • Block: 20
  • Municipality: WAKEFIELD
  • Latitude: 42.5101
  • Longitude: -71.096

    Address

  • Full Address: 15 Karen Rd
  • Address - House Number: 15
  • Address - Street Name: Karen
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1442
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $718,800

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 673,294
  • High Value: 798,600
  • Low Value: 547,988

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $638,900
  • Assessed Land Value: $386,100
  • Assessed Improvements Value: $252,800

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5190
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

1915 ft²

Average Home Age

72.3 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

$2,975 /mo

  • 1 Bed
  • 1 Bath
  • 734 ft²
200 Quannapowitt Parkway #A1B, 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# 72594835

Frequently Asked Questions

When was property at 15 Karen Road built and last sold?
The property at 15 Karen Road was built in 1950 and last sold on Jan 10, 2020 for $450,000.
How much is this home worth?
The estimated value of the home located at 15 Karen Road is $418,353.
What are some comparable homes to 15 Karen Road?
There are currently no comparable homes to 15 Karen Road.
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