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Wakefield 01880
197 Oak St
Photo of 197 Oak St
Sold on Aug 10, 2006

1

Map

$315,000
● House - Off Market

197 Oak St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,672 Ft²
$635,253
RealtyHop Estimate
81.55%
Since Sep 1, 2006
MA-Boston
Primary Model

About This Property

Well maintained one owner raised ranch. This house has lots of privacy nestled in a wooded lot. Come see this 6 room 3 bedroom house with lots of potential.  Hardwood floors throughout, 2 fireplaces, finished basement w/bar.  Updates include new windows, boiler, electric & roof.  Major updates have been done needs cosmetics. Near public transportion, elementary, vocational, & high schools.  Close to Breakhart Reservation.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$209
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1957

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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: 4 months ago (MLSPIN #70337073)

Price History

Date / Event Date Event Price
Aug 11, 2006 Sold
Premium
Sold
Feb 26, 2006 Listed $349,900
Listed

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 960
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,763
  • Total Building Area: 1,672
  • Gross Building Area: 2,220
  • Building Area: 1,672
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,672
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000293
  • 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: 65162
  • District: 305
  • Parcel: WAKE M:000033 B:0002 P:00100A
  • Block: 2
  • Municipality: WAKEFIELD
  • Latitude: 42.4911
  • Longitude: -71.0554

    Address

  • Full Address: 197 Oak St
  • Address - House Number: 197
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3831
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $676,700

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 702,974
  • High Value: 818,629
  • Low Value: 587,319

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,500
  • Assessed Land Value: $381,600
  • Assessed Improvements Value: $219,900

    Sales

  • Current Sale Recording Date: Aug 11, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00152543
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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70337073

Frequently Asked Questions

When was property at 197 Oak Street built and last sold?
The property at 197 Oak Street was built in 1957 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 197 Oak Street is $373,553.
What are some comparable homes to 197 Oak Street?
There are currently no comparable homes to 197 Oak Street.
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