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Wakefield 01880
16 Cordis Street
$370,000
● House - Off Market

16 Cordis Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,518 Ft²
$695,119
RealtyHop Estimate
82.97%
Since Dec 1, 2014
MA-Boston
Primary Model

About This Property

OPEN HOUSE SUNDAY (10/26) 12:00-1:30pm ~ DESIRABLE LAKESIDE LOCATION! - CHARMING ANTIQUE COLONIAL JUST STEPS FROM  LAKE QUANNAPOWITT and set in a BEAUTIFUL NEIGHBORHOOD! ~ Enjoy Walks Around the Lake, Views of Sailboats & Beautiful Sunsets, Many Lake Events, and Fireworks Displays!  - Features of this Lovingly Maintained Home Include 3 BDS Plus an Office, 1 1/2 Baths, Wood floors, and Sun-Filled Family Room that Overlooks Deck and Private Yard. ~  2 Car Garage and Large Driveway fits 6 plus cars. - New Roof -2013  ~ Easy access to Town Amenities, Commuter Train and Less than a Mile to Rte. 95 and minutes to Rte. 93 to Boston. ..Located in the Much sought after Dolbeare School District!
Unit Size
1,518 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$250
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1851

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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 #71758043)

Price History

Date / Event Date Event Price
Nov 25, 2014 Sold
Premium
Sold
Oct 16, 2014 Listed by Century 21 Commonwealth $379,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1851
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 744
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,986
  • Total Building Area: 2,507
  • Gross Building Area: 4,512
  • Building Area: 2,507
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,507
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000206
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 27684
  • District: 305
  • Parcel: WAKE M:000015 B:0243 P:000025
  • Block: 243
  • Municipality: WAKEFIELD
  • Latitude: 42.5153
  • Longitude: -71.0728

    Address

  • Full Address: 16 Cordis St
  • Address - House Number: 16
  • Address - Street Name: Cordis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1710
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $975,800

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 754,511
  • High Value: 919,292
  • Low Value: 589,730

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $867,400
  • Assessed Land Value: $412,800
  • Assessed Improvements Value: $454,600

    Sales

  • Current Sale Recording Date: Nov 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181323

    Financing

  • First Mortgage Financing Type: UNK
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:

$775,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1986 ft²

Average Home Age

82.5 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

$2,825 /mo

  • 1 Bed
  • 1 Bath
  • 714 ft²
200 Quannapowitt Parkway #A1J, 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# 71758043

Frequently Asked Questions

When was property at 16 Cordis Street built and last sold?
The property at 16 Cordis Street was built in 1851 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 16 Cordis Street is $398,236.
What are some comparable homes to 16 Cordis Street?
There are currently no comparable homes to 16 Cordis Street.
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