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Wakefield 01880
18 Griffen Drive
$410,000
● House - Off Market

18 Griffen Drive

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,176 Ft²
$710,961
RealtyHop Estimate
67.28%
Since Jul 1, 2016
MA-Boston
Primary Model

About This Property

Wakefield's desirable west side location!  This well maintained ranch in a great family neighborhood has  easy access to commuter rail, highways, shopping  as well as the ever so popular Lake Quannapowitt!  Fireplaced living room, eat in kitchen and separate dining area..3 BR's ..lots of storage.  Great opportunity for the 1st time home buyer or the downsizer.  3/4 of the yard is fenced in for your backyard entertaining. Roof & furnace approximately 8 yrs young. There is an additional half bath in lower level and plenty of room for future expansion ...shed on property.  Freshly  painted rooms and sparkling  HW floors await your personal touch.
Unit Size
1,176 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$361
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1959

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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: 4 months ago (MLSPIN #71995665)

Price History

Date / Event Date Event Price
Dec 23, 2020 Sold
Premium
Sold
Nov 2, 2020 Listed by Barrett, Chris. J., REALTORS® $599,900
Listed by Barrett, Chris. J., REALTORS®
Jun 29, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Barrett, Chris. J., REALTORS® $425,000
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,065
  • Total Building Area: 1,810
  • Gross Building Area: 2,267
  • Building Area: 1,810
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,810
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • 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: 1450
  • District: 305
  • Parcel: WAKE M:000003 B:0118 P:000C52
  • Block: 118
  • Municipality: WAKEFIELD
  • Latitude: 42.5103
  • Longitude: -71.0945

    Address

  • Full Address: 18 Griffen Dr
  • Address - House Number: 18
  • Address - Street Name: Griffen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1443
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 783,094
  • High Value: 911,930
  • Low Value: 654,257

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $696,000
  • Assessed Land Value: $353,500
  • Assessed Improvements Value: $342,500

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1864943
  • Previous Sale Recording Date: Jun 29, 2016
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: O
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

1956 ft²

Average Home Age

73.3 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

$4,005 /mo

  • 2 Beds
  • 2 Baths
  • 1,096 ft²
200 Quannapowitt Parkway #B1A-G2B, 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# 71995665

Frequently Asked Questions

When was property at 18 Griffen Drive built and last sold?
The property at 18 Griffen Drive was built in 1959 and last sold on Dec 7, 2020 for $615,000.
How much is this home worth?
The estimated value of the home located at 18 Griffen Drive is $623,978.
What are some comparable homes to 18 Griffen Drive?
There are currently no comparable homes to 18 Griffen Drive.
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