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Wakefield 01880
16 Central Ave
Photo of 16 Central Ave
Sold on Jul 19, 2006

1

Map

$357,500
● House - Off Market

16 Central Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,268 Ft²
$686,062
RealtyHop Estimate
80.59%
Since Aug 1, 2006
MA-Boston
Primary Model

About This Property

This wonderful bungalow in a nice quiet neighborhood has great charm. A well cared for home with numerous updates: replacement windows, new roof with architectural shingles, new garage doors with openers. The first floor is enhanced by the spacious enclosed (3season) front porch with sliders that open out to a 21 x 24 private deck and a fully fenced level yard. Three 2nd flr BRs. Newer bath and master bedroom have cathedral ceilings, skylights and recessed lighting. Garage needs attention.
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$300
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1925

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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 #70372223)

Price History

Date / Event Date Event Price
Jul 19, 2006 Sold
Premium
Sold
Apr 21, 2006 Listed $379,900
Listed
Nov 29, 1999 Sold
Premium
Sold
Sep 26, 1999 Listed by Barrett, Chris. J., REALTORS® $239,900
Listed by Barrett, Chris. J., REALTORS®
BEAUTIFULLY MAINTAINED BUNGALOW IN FAMILY NEIGHBORHOOD. NEWLY RENOVATED BATH AND MASTER BR W/ SKYLIGHTS. HUGE DECK W/ FENCED IN YARD. 2 CAR GARAGE. BEAUTIFUL HARDWOOD FLOORS IN KITCHEN, DR + LR. UPDATED ELEC. NEW REFRIG + DISHWASHER
Dec 30, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,301
  • Total Building Area: 1,772
  • Gross Building Area: 3,848
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 57453
  • District: 305
  • Parcel: WAKE M:000029 B:0097 P:00B47+
  • Block: 97
  • Municipality: WAKEFIELD
  • Latitude: 42.5088
  • Longitude: -71.058

    Address

  • Full Address: 16 Central Ave
  • Address - House Number: 16
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C021
  • 4-Digit Zip Code: 5108
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $786,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 669,284
  • High Value: 777,717
  • Low Value: 560,851

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $698,800
  • Assessed Land Value: $357,000
  • Assessed Improvements Value: $341,800

    Sales

  • Current Sale Recording Date: Jul 19, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00135071
  • Previous Sale Recording Date: Dec 30, 1998
  • Previous Sale Amount: $193,000
  • 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:

$779,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1855 ft²

Average Home Age

64.4 years

Currently For Sale

47 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

$2,950 /mo

  • 1 Bed
  • 1 Bath
  • 795 ft²
200 Quannapowitt Parkway #A14, 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# 70372223

Frequently Asked Questions

When was property at 16 Central Avenue built and last sold?
The property at 16 Central Avenue was built in 1925 and last sold on Jan 1, 1970 for $357,500.
How much is this home worth?
The estimated value of the home located at 16 Central Avenue is $393,565.
What are some comparable homes to 16 Central Avenue?
There are currently no comparable homes to 16 Central Avenue.
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