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Wakefield 01880
2 Nichols Street
$391,500
● House - Off Market

2 Nichols Street

Wakefield, MA 01880
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,246 Ft²
$920,345
RealtyHop Estimate
109.65%
Since Jun 1, 2009
MA-Boston
Primary Model

About This Property

This wonderful Turn of the Century NE shingle style Colonial offers amazing Victorian flare; stain glass windows,pocket doors,10 ft.high ceilings with a Tin ceiling in DR,built-ins, double parlors featuring a turret wall and a fireplace/wood stove! There are many special amenities to personalize and explore! This is truly a Historic gem! Exterior amenities include a 2 car garage,a front porch for entertaining,a fenced in play area nestled on a private Westside corner lot! DON"T MISS THIS HOUSE!
Unit Size
2,246 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$195
Property Type
House
Property Taxes
$379
HOA Dues
-
Year Built
1890

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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 years ago (MLSPIN #70810658)

Price History

Date / Event Date Event Price
May 11, 2009 Sold
Premium
Sold
Aug 23, 2008 Listed by Coldwell Banker Realty - Manchester $439,000
Listed by Coldwell Banker Realty - Manchester
Jun 1, 1992 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 1,530
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 2,246
  • Gross Building Area: 5,301
  • Building Area: 2,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,246
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: SR

Geography

  • Account Number: 6921
  • District: 305
  • Parcel: WAKE M:000006 B:0151 P:000092
  • Block: 151
  • Municipality: WAKEFIELD
  • Latitude: 42.5059
  • Longitude: -71.0833

    Address

  • Full Address: 2 Nichols St
  • Address - House Number: 2
  • Address - Street Name: Nichols
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1518
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $802,500

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 814,921
  • High Value: 1,002,150
  • Low Value: 627,693

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $713,300
  • Assessed Land Value: $393,300
  • Assessed Improvements Value: $320,000

    Sales

  • Current Sale Recording Date: May 11, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00082665
  • Previous Sale Recording Date: Jun 01, 1992
  • Previous Sale Amount: $222,000
  • 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:

$775,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2018 ft²

Average Home Age

78.5 years

Currently For Sale

52 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

$2,770 /mo

  • 1 Bed
  • 1 Bath
  • 743 ft²
200 Quannapowitt Parkway #A1-G2, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70810658

Frequently Asked Questions

When was property at 2 Nichols Street built and last sold?
The property at 2 Nichols Street was built in 1890 and last sold on Jan 1, 1970 for $391,500.
How much is this home worth?
The estimated value of the home located at 2 Nichols Street is $0.
What are some comparable homes to 2 Nichols Street?
There are currently no comparable homes to 2 Nichols Street.
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