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Wakefield 01880
15 Minot Street
$410,000
● House - Off Market

15 Minot Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
880 Ft²
$507,158
RealtyHop Estimate
17.97%
Since May 1, 2021
MA-Boston
Primary Model

About This Property

Don't Miss this Opportunity to Buy into Wakefield! Close to the Melrose line, 6 room, 3 br's, one bath Ranch style home set in a nestled and quiet neighborhood. All but kitchen and bath have hw floors. Off street parking. Walking distance to Bus line & Commuter rail, short distance to Orange line. Nearby to Downtown Wakefield for local shopping & dining. Rts 93,128 & 95 all within a convenient drive. Has large combined living room, dining room & kitchen all on the same floor. Screened porch you could finish and make it your  own!
Unit Size
880 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$489
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1952

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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 #72745987)

Price History

Date / Event Date Event Price
Apr 28, 2021 Sold
Premium
Sold
Oct 20, 2020 Listed by Compass $429,900
Listed by Compass

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,279
  • Total Building Area: 880
  • Gross Building Area: 1,260
  • Building Area: 880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 66499
  • District: 305
  • Parcel: WAKE M:000034 B:0389 P:000A32
  • Block: 389
  • Municipality: WAKEFIELD
  • Latitude: 42.478
  • Longitude: -71.0587

    Address

  • Full Address: 15 Minot St
  • Address - House Number: 15
  • Address - Street Name: Minot
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C016
  • 4-Digit Zip Code: 4367
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $498,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 497,609
  • High Value: 585,202
  • Low Value: 410,016

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $443,400
  • Assessed Land Value: $301,900
  • Assessed Improvements Value: $141,500

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 95778
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:

$774,900

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2073 ft²

Average Home Age

82.9 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72745987

Frequently Asked Questions

When was property at 15 Minot Street built and last sold?
The property at 15 Minot Street was built in 1952 and last sold on Apr 27, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 15 Minot Street is $0.
What are some comparable homes to 15 Minot Street?
There are currently no comparable homes to 15 Minot Street.
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