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Wakefield 01880
168 Salem Street
$518,500
● House - Off Market

168 Salem Street

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,967 Ft²
$967,479
RealtyHop Estimate
82.58%
Since May 1, 2014
MA-Boston
Primary Model

About This Property

LANDMARK ANTIQUE CAPE, set on OVER AN ACRE OF LAND. ~ GORGEOUS HUGE BACK YARD!~Beautiful Wide Pine Floors, and Solid Pine Doors with Latches.~ Kitchen has Honed Granite Countertops and a Fireplace.~ Two of the BDS are on the 1st floor ~ 2 Car Garage with work shop/hang-out room where you can watch T.V. between garden chores. Roof is 2 years, Dormer is Rubber, & Garage Roof is 5 years. Long driveway allows plenty of parking. Central AC on 1st floor.~ Enchanting Playhouse in Yard.~ GREAT CURB APPEAL!
Unit Size
1,967 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$269
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1830

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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: 6 months ago (MLSPIN #71610247)

Price History

Date / Event Date Event Price
Apr 24, 2014 Sold
Premium
Sold
Nov 20, 2013 Listed by Century 21 Commonwealth $529,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1830
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,292
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 1,967
  • Gross Building Area: 3,520
  • Building Area: 1,967
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,967
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001020
  • 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: 58261
  • District: 305
  • Parcel: WAKE M:000029 B:0189 P:000004
  • Block: 189
  • Municipality: WAKEFIELD
  • Latitude: 42.5127
  • Longitude: -71.0617

    Address

  • Full Address: 168 Salem St
  • Address - House Number: 168
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1939
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $932,100

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 937,182
  • High Value: 1,130,255
  • Low Value: 744,109

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $828,500
  • Assessed Land Value: $386,800
  • Assessed Improvements Value: $441,700

    Sales

  • Current Sale Recording Date: Apr 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 51102
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

$456

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2022 ft²

Average Home Age

80.7 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,705 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
200 Quannapowitt Parkway #B14.1B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71610247

Frequently Asked Questions

When was property at 168 Salem Street built and last sold?
The property at 168 Salem Street was built in 1830 and last sold on Jan 1, 1970 for $518,500.
How much is this home worth?
The estimated value of the home located at 168 Salem Street is $547,873.
What are some comparable homes to 168 Salem Street?
There are currently no comparable homes to 168 Salem Street.
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