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Wakefield 01880
18 Eastern Ave
Photo of 18 Eastern Ave
Sold on Jun 5, 2025

40

Map

Photo of 18 Eastern Ave
Photo of 18 Eastern Ave
$860,000
● House - Off Market

18 Eastern Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,931 Ft²
$4,116
Est. Monthly
4.82%
Cap Rate

About This Property

Handsome 3 bedroom Dutch Colonial located on a very pretty street with well maintained homes. Lovely period details including natural woodwork, corner fireplace, interior french doors and a Dutch door to a beautiful sunroom. The home also has a heated finished basement space with slider to yard and hardwood floors. Nice updates include windows (even in the sunroom!), siding and roof. The yard is a perfect size with lovely perennials, mature grape vines as well as a garage and shed. The location is fantastic - about 2 blocks from the 137 bus, 1/2 mile +/- to Lake Quannapowitt, seasonal Farmers Market, shops and restaurants downtown and a quick ride to routes 95/128.
Unit Size
1,931 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$357
Property Type
House
Property Taxes
$728
HOA Dues
-
Year Built
1928

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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: 2 years ago (MLSPIN #73363778)

Price History

Date / Event Date Event Price
Jun 5, 2025 Sold
Premium
Sold
Apr 30, 2025 In contract -
In contract
Apr 23, 2025 Listed $689,900
Listed
Jul 7, 1977 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 755
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,019
  • Total Building Area: 1,931
  • Gross Building Area: 3,230
  • Building Area: 1,931
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,931
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 26833
  • District: 305
  • Parcel: WAKE M:000015 B:0123 P:000W39
  • Block: 123
  • Municipality: WAKEFIELD
  • Latitude: 42.5138
  • Longitude: -71.0678

    Address

  • Full Address: 18 Eastern Ave
  • Address - House Number: 18
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1825
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $881,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 838,226
  • High Value: 976,133
  • Low Value: 700,319

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $783,800
  • Assessed Land Value: $402,000
  • Assessed Improvements Value: $381,800

    Sales

  • Current Sale Recording Date: Jul 07, 1977
  • Current Sale Price:
    Premium
  • Current 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:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2020 ft²

Average Home Age

70.6 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

$3,805 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73363778

Frequently Asked Questions

When was property at 18 Eastern Avenue built and last sold?
The property at 18 Eastern Avenue was built in 1928 and last sold on Jan 1, 1970 for $47,000.
How much is this home worth?
The estimated value of the home located at 18 Eastern Avenue is $709,426.
What are some comparable homes to 18 Eastern Avenue?
There are currently no comparable homes to 18 Eastern Avenue.
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