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Wakefield 01880
2 Vale Road
$460,000
● House - Off Market

2 Vale Road

Wakefield, MA 01880
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,931 Ft²
$1,018,498
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

Space for everyone in this 3,000 sq. ft. contemporary colonial, featuring, 5 bedrooms, 3.5 baths, 2nd floor laundry, open country kitchen, dining area, living room w/fireplace, lower level fam. rm. and game rm.  Cent/air, cent/vac, newer oil heat and roof.  Private setting, nice side yard yard for the kids.
Unit Size
2,931 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$167
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1987

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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 #71423562)

Price History

Date / Event Date Event Price
Oct 3, 2012 Sold
Premium
Sold
Aug 17, 2012 Listed by Northrup Associates $489,000
Listed by Northrup Associates
Apr 6, 2007 Sold
Premium
Sold
Aug 18, 2006 Listed by Northrup Associates $479,900
Listed by Northrup Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,690
  • Total Building Area: 2,931
  • Gross Building Area: 3,328
  • Building Area: 2,931
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,931
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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: 66392
  • District: 305
  • Parcel: WAKE M:000034 B:0075 P:00E49A
  • Block: 75
  • Municipality: WAKEFIELD
  • Latitude: 42.4786
  • Longitude: -71.056

    Address

  • Full Address: 2 Vale Rd
  • Address - House Number: 2
  • Address - Street Name: Vale
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C016
  • 4-Digit Zip Code: 4334
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $882,200

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 917,899
  • High Value: 1,079,782
  • Low Value: 756,016

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $784,200
  • Assessed Land Value: $346,500
  • Assessed Improvements Value: $437,700

    Sales

  • Current Sale Recording Date: Oct 03, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000021
  • Previous Sale Recording Date: Apr 06, 2007
  • Previous Sale Amount: $449,000
  • 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:

$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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71423562

Frequently Asked Questions

When was property at 2 Vale Road built and last sold?
The property at 2 Vale Road was built in 1987 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 Vale Road is $491,848.
What are some comparable homes to 2 Vale Road?
There are currently no comparable homes to 2 Vale Road.
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