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Wakefield 01880
162 Broadway St
$450,000
● House - Off Market

162 Broadway St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,886 Ft²
$808,033
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

WELCOME HOME TO 162 BROADWAY IN WAKEFIELD!!! This 3+ bedroom, 2 bath Colonial style home sits on an 18,000+ sq/ft level lot that abuts the Crystal Lake Conservation! Fresh paint, high ceilings and gorgeous hardwood floors throughout!  Both bathrooms have been recently updated. Bright and open, enclosed wrap around porch makes a great office or a peaceful place to relax! Full walk up attic for extra storage or finish to add living area!! Close to the commuter rail and downtown Wakefield. Roof  replaced in 2007.
Unit Size
1,886 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$243
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1910

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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 #71819967)

Price History

Date / Event Date Event Price
May 15, 2015 Sold
Premium
Sold
Apr 18, 2015 Listed by Keller Williams Realty Metropolitan $459,000
Listed by Keller Williams Realty Metropolitan
Oct 16, 2007 Sold
Premium
Sold
Sep 7, 2007 Listed by Keller Williams Realty Metropolitan $310,000
Listed by Keller Williams Realty Metropolitan

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,548
  • Total Building Area: 2,728
  • Gross Building Area: 4,900
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BORDERS CRYSTAL LAKE
  • Land Acres: 0000000426
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Account Number: 15801
  • District: 305
  • Parcel: WAKE M:000010 B:0098 P:000002
  • Block: 98
  • Municipality: WAKEFIELD
  • Latitude: 42.4957
  • Longitude: -71.0772

    Address

  • Full Address: 162 Broadway St
  • Address - House Number: 162
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C002
  • 4-Digit Zip Code: 3106
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $983,300

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 980,307
  • High Value: 1,153,197
  • Low Value: 807,418

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $874,000
  • Assessed Land Value: $410,000
  • Assessed Improvements Value: $464,000

    Sales

  • Current Sale Recording Date: May 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71682
  • Previous Sale Recording Date: Oct 16, 2007
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

1933 ft²

Average Home Age

73.3 years

Currently For Sale

51 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

$3,970 /mo

  • 3 Beds
  • 2 Baths
  • 1,402 ft²
200 Quannapowitt Parkway #C4, 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# 71819967

Frequently Asked Questions

When was property at 162 Broadway Street built and last sold?
The property at 162 Broadway Street was built in 1910 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 162 Broadway Street is $478,452.
What are some comparable homes to 162 Broadway Street?
There are currently no comparable homes to 162 Broadway Street.
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