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Wakefield 01880
181 Salem
$370,000
● House - Off Market

181 Salem

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,004 Ft²
$742,553
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

This 8 room colonial with newer kitchen,2 baths and gleaming hardwood floors is waiting for a family to move in.First floor has 4 rooms that are interchangeable and 2 staircases with one leading to the Master suite.Large bathroom on second floor and first floor bath and shower.Very private back yard that abuts conservation land.Newer roof and siding with the interior all freshly painted.Driveway with parking for 4 will be in before closing.
Unit Size
2,004 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1870

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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: 5 months ago (MLSPIN #71875615)

Price History

Date / Event Date Event Price
Sep 22, 2015 Sold
Premium
Sold
Jul 14, 2015 Listed by Anderson Treacy Real Estate $427,000
Listed by Anderson Treacy Real Estate
Oct 1, 2013 Sold
Premium
Sold
Sep 21, 2000 Sold
Premium
Sold
May 24, 2000 Listed by Sam Stella REALTORS® $399,900
Listed by Sam Stella REALTORS®
COLONIAL STYLE HOME WITH 2,028 OF LIVING SPACE. 3.07 ACRES JUST RIPE FOR SUBDIVISION POSSIBILITIES

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,628
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,301
  • Total Building Area: 3,434
  • Gross Building Area: 6,328
  • Building Area: 3,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,434
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000282
  • 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: 57269
  • District: 305
  • Parcel: WAKE M:000028 B:0011 P:00020C
  • Block: 11
  • Municipality: WAKEFIELD
  • Latitude: 42.513
  • Longitude: -71.0604

    Address

  • Full Address: 181 Salem St
  • Address - House Number: 181
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 1989
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,089,500

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 947,660
  • High Value: 1,165,385
  • Low Value: 729,935

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $968,400
  • Assessed Land Value: $360,300
  • Assessed Improvements Value: $608,100

    Sales

  • Current Sale Recording Date: Sep 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 161264
  • Previous Sale Recording Date: Oct 01, 2013
  • Previous Sale Amount: $400,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, 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# 71875615

Frequently Asked Questions

When was property at 181 Salem Street built and last sold?
The property at 181 Salem Street was built in 1870 and last sold on Jan 1, 1970 for $370,000.
How much is this home worth?
The estimated value of the home located at 181 Salem Street is $450,762.
What are some comparable homes to 181 Salem Street?
There are currently no comparable homes to 181 Salem Street.
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