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Wakefield 01880
2 Crosby Rd
$460,000
● House - Off Market

2 Crosby Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,279 Ft²
$703,728
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Quaint, charming Colonial located in the heart of Wakefield's Greenwood section.  Lovingly maintained and updated over the past five years.  Upgrades include remodeled kitchen, oil to gas heat conversion, new windows, fresh exterior paint and many more.  Close to many restaurants, the Greenwood commuter rail station/136/137 Bus stop, Mapleway Playground and the Greenwood School.  Also, not far to Lake Quannapowitt and Downtown Wakefield.  Move right in and enjoy the holidays in your new home.
Unit Size
1,279 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$352
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1941

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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 #72243188)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Oct 15, 2017 Listed by Action Realty Associates $449,999
Listed by Action Realty Associates
Jun 6, 2012 Sold
Premium
Sold
Apr 27, 2012 Listed by Action Realty Associates $339,900
Listed by Action Realty Associates

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,960
  • Total Building Area: 1,279
  • Gross Building Area: 2,312
  • Building Area: 1,279
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,279
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: SR

Geography

  • Account Number: 44345
  • District: 305
  • Parcel: WAKE M:000023 B:0257 P:00C25A
  • Block: 257
  • Municipality: WAKEFIELD
  • Latitude: 42.4862
  • Longitude: -71.0617

    Address

  • Full Address: 2 Crosby Rd
  • Address - House Number: 2
  • Address - Street Name: Crosby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3802
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $665,600

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 659,293
  • High Value: 778,421
  • Low Value: 540,166

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,600
  • Assessed Land Value: $322,200
  • Assessed Improvements Value: $269,400

    Sales

  • Current Sale Recording Date: Nov 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 194059
  • Previous Sale Recording Date: Jun 06, 2012
  • Previous Sale Amount: $335,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72243188

Frequently Asked Questions

When was property at 2 Crosby Road built and last sold?
The property at 2 Crosby Road was built in 1941 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 2 Crosby Road is $459,989.
What are some comparable homes to 2 Crosby Road?
There are currently no comparable homes to 2 Crosby Road.
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