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Wakefield 01880
168 Prospect St
$578,000
● House - Off Market

168 Prospect St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,977 Ft²
$1,205,168
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model

About This Property

Updated and very well maintained 3+ bedroom home in desirable West Side of Wakefield. Kitchen has been renovated with granite countertops and ss appliances. Home offers attractive crown molding and built in cabinets. Some major updates include; windows, roof, furnace, ceilings, electrical, new 1/2 bath added on 1st floor and new laundry on 2nd. Beautifully landscaped large outdoor/patio area with sprinkler system and fenced in yard. Home has been deleaded. Located less than 1 mile from Lake.
Unit Size
1,977 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$293
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1926

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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: 4 months ago (MLSPIN #71444056)

Price History

Date / Event Date Event Price
Nov 15, 2012 Sold
Premium
Sold
Oct 5, 2012 Listed by Erin Bertrand Realty $579,000
Listed by Erin Bertrand Realty
Jun 1, 2007 Sold
Premium
Sold
Jun 1, 2006 Listed by Erin Bertrand Realty $524,900
Listed by Erin Bertrand Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 768
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,140
  • Total Building Area: 1,977
  • Gross Building Area: 3,945
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000325
  • 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: 3615
  • District: 305
  • Parcel: WAKE M:000004 B:0025 P:000013
  • Block: 25
  • Municipality: WAKEFIELD
  • Latitude: 42.5021
  • Longitude: -71.0927

    Address

  • Full Address: 168 Prospect St
  • Address - House Number: 168
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C037
  • 4-Digit Zip Code: 2148
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $958,600

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,018,570
  • High Value: 1,199,128
  • Low Value: 838,013

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $852,100
  • Assessed Land Value: $405,000
  • Assessed Improvements Value: $447,100

    Sales

  • Current Sale Recording Date: Nov 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000025
  • Previous Sale Recording Date: Jun 01, 2007
  • Previous Sale Amount: $495,000
  • 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:

$782,450

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 years

Currently For Sale

49 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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71444056

Frequently Asked Questions

When was property at 168 Prospect Street built and last sold?
The property at 168 Prospect Street was built in 1926 and last sold on Jan 1, 1970 for $578,000.
How much is this home worth?
The estimated value of the home located at 168 Prospect Street is $600,891.
What are some comparable homes to 168 Prospect Street?
There are currently no comparable homes to 168 Prospect Street.
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