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Wakefield 01880
20 Wave Ave
Photo of 20 Wave Ave
Sold on Aug 26, 2010

1

Map

$420,000
● House - Off Market

20 Wave Ave

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,268 Ft²
$901,222
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Wonderful unique custom built one owner home. Living room with Cathedral ceiling, Hardwood floors, central air, ample storage and closet space, heated garage, electric handycap chair in the basement...steps to Lake Quannapowett; Convenient to town center, Wakefield shopping, restaurants and commuter rail.
Unit Size
1,268 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$347
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
1983

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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: 2 years ago (MLSPIN #71097157)

Price History

Date / Event Date Event Price
Oct 21, 2020 Sold
Premium
Sold
Sep 10, 2020 Listed by Boardwalk Real Estate $689,900
Listed by Boardwalk Real Estate
Aug 26, 2010 Sold
Premium
Sold
Jun 16, 2010 Listed by Boardwalk Real Estate $439,900
Listed by Boardwalk Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 19
  • 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: 931
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,049
  • Total Building Area: 1,268
  • Gross Building Area: 2,697
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,268
  • 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: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 30023
  • District: 305
  • Parcel: WAKE M:000016 B:0222 P:0001AB
  • Block: 222
  • Municipality: WAKEFIELD
  • Latitude: 42.5112
  • Longitude: -71.0712

    Address

  • Full Address: 20 Wave Ave
  • Address - House Number: 20
  • Address - Street Name: Wave
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1819
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $897,100
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 886,103
  • High Value: 1,025,078
  • Low Value: 747,128

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $797,400
  • Assessed Land Value: $419,800
  • Assessed Improvements Value: $377,600

    Sales

  • Current Sale Contract Date: Oct 17, 2020
  • Current Sale Recording Date: Oct 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 192632
  • Previous Sale Recording Date: Aug 26, 2010
  • Previous Sale Amount: $420,000
  • 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:

$782,450

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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,950 /mo

  • 1 Bed
  • 1 Bath
  • 795 ft²
200 Quannapowitt Parkway #A14, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71097157

Frequently Asked Questions

When was property at 20 Wave Avenue built and last sold?
The property at 20 Wave Avenue was built in 1983 and last sold on Oct 17, 2020 for $695,000.
How much is this home worth?
The estimated value of the home located at 20 Wave Avenue is $0.
What are some comparable homes to 20 Wave Avenue?
There are currently no comparable homes to 20 Wave Avenue.
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