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Wakefield 01880
Lot 2 Grace Ct
$639,900
● House - Off Market

Lot 2 Grace Ct

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,332,189
RealtyHop Estimate
108.19%
Since Dec 1, 2009
MA-Boston
Primary Model

About This Property

Elegant 8 rm Center Entrance Colonial. Nicely sited on a new cul-de sac. Pretty front farmer's porch, gorgeous open foyer & staircase. Oversized kitchen w/ breakfast area & bay to  patio. Fireplaced 1st floor family room. Formal living room & dining rooms  Master bedroom suite. 4 bedrooms, 2.5 baths. Second floor laundry. CA and vac. 2 car garage. Mins to Rt's 95 & 1.The "Wakefield"  is designed for lot 2A Grace Court. Call or email LR for additional spec's and plans
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$256
Property Type
House
Property Taxes
-
HOA Dues
$300
Year Built
2009

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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 years ago (MLSPIN #70839840)

Price History

Date / Event Date Event Price
Nov 16, 2009 Sold
Premium
Sold
Oct 28, 2008 Listed by Barrett, Chris. J., REALTORS® $639,900
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 1,233
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,049
  • Total Building Area: 3,400
  • Gross Building Area: 4,737
  • Building Area: 3,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000277
  • 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: 81517
  • District: 305
  • Parcel: WAKE M:00039B B:0004 P:000GC2
  • Block: 4
  • Municipality: WAKEFIELD
  • Latitude: 42.5052
  • Longitude: -71.0459

    Address

  • Full Address: 2 Grace Ct
  • Address - House Number: 2
  • Address - Street Name: Grace
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 4993
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,230,100

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,102,451
  • High Value: 1,283,829
  • Low Value: 921,073

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,093,400
  • Assessed Land Value: $376,400
  • Assessed Improvements Value: $717,000

    Sales

  • Current Sale Recording Date: Nov 16, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00220797
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

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1975 ft²

Average Home Age

74.3 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70839840

Frequently Asked Questions

When was property at 2 Grace Court built and last sold?
The property at 2 Grace Court was built in 2009 and last sold on Jan 1, 1970 for $639,900.
How much is this home worth?
The estimated value of the home located at 2 Grace Court is $667,984.
What are some comparable homes to 2 Grace Court?
There are currently no comparable homes to 2 Grace Court.
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