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Wakefield 01880
183 Ashland St
$600,000
● House - Off Market

183 Ashland St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$549,644
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Make this home yours!  Well cared for 3 bedroom 1.5 bath cape on the Melrose line.   There is a wonderful terraced yard, attached sunroom, newer windows, hardwood throughout, and garage all within a short walk to the Melrose Highlands T stop (5minutes)!!  This charming cape has a traditional layout with expended 2nd floor that offers two oversize bedrooms and a full bath.  The living room is warm and inviting with a working fireplace and large picture window.  Bright kitchen leads to a wonderful fenced patio, terraced yard and cozy screen porch for warm summer nights.  Newer 3 Zone heat, freshly painted and floors refinished.  See it this weekend. Commuter Open House Friday 3/4 4:30-6:30 and Saturday 3/5 and Sunday 3/6 12:00-2:00  Welcome to Wakefield!!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$401
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #72948484)

Price History

Date / Event Date Event Price
Apr 12, 2022 Sold
Premium
Sold
Mar 3, 2022 Listed by Fresh Pond Properties LLC $539,000
Listed by Fresh Pond Properties LLC

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 768
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,562
  • Total Building Area: 1,344
  • Gross Building Area: 3,010
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 53081
  • District: 305
  • Parcel: WAKE M:000027 B:0050 P:00S33A
  • Block: 50
  • Municipality: WAKEFIELD
  • Latitude: 42.4723
  • Longitude: -71.0657

    Address

  • Full Address: 183 Ashland St
  • Address - House Number: 183
  • Address - Street Name: Ashland
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4246
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $694,600

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 690,802
  • High Value: 819,366
  • Low Value: 562,237

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $617,400
  • Assessed Land Value: $358,400
  • Assessed Improvements Value: $259,000

    Sales

  • Current Sale Contract Date: Apr 12, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 54675
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:

$775,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2054 ft²

Average Home Age

86.9 years

Currently For Sale

46 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72948484

Frequently Asked Questions

When was property at 183 Ashland Street built and last sold?
The property at 183 Ashland Street was built in 1957 and last sold on Apr 12, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 183 Ashland Street is $553,400.
What are some comparable homes to 183 Ashland Street?
There are currently no comparable homes to 183 Ashland Street.
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