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Wakefield 01880
21 Kingmont St
$679,500
● House - Off Market

21 Kingmont St

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,520 Ft²
$620,080
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Timeless Colonial set on a beautiful, private lot in Wakefield!  Quality features include classic style moldings and trim, stained glass windows and hardwood floors.  Abundant natural light shines throughout the home and front porch through newer windows.  Bright, updated kitchen has stainless appliances and granite.  Spacious, well-maintained yard with beautiful green space, patio and large storage shed.  Off-street parking for 5.  Updates include newer siding, oil tank, exterior steps and railings.  Easy access to major highways (93, 95/128) and the City of Boston.  Convenient to parks, schools, commuter rail, restaurants, shops and the beauty and recreation at Lake Quannapowitt.  This wonderful home is full of potential and ready for the next owner to make it their own!
Unit Size
1,520 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$411
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #73161273)

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 20, 2023 Listed by Mallon Real Estate $625,000
Listed by Mallon Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,520
  • Gross Building Area: 2,642
  • Building Area: 1,520
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,520
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 65277
  • District: 305
  • Parcel: WAKE M:000034 B:0537 P:+E231A
  • Block: 537
  • Municipality: WAKEFIELD
  • Latitude: 42.4799
  • Longitude: -71.0573

    Address

  • Full Address: 21 Kingmont St
  • Address - House Number: 21
  • Address - Street Name: Kingmont
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C016
  • 4-Digit Zip Code: 4340
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,200

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 717,961
  • High Value: 847,688
  • Low Value: 588,233

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,700
  • Assessed Land Value: $345,900
  • Assessed Improvements Value: $297,800

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 124074
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:

$774,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2018 ft²

Average Home Age

85.1 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73161273

Frequently Asked Questions

When was property at 21 Kingmont Street built and last sold?
The property at 21 Kingmont Street was built in 1920 and last sold on Oct 31, 2023 for $679,500.
How much is this home worth?
The estimated value of the home located at 21 Kingmont Street is $635,355.
What are some comparable homes to 21 Kingmont Street?
There are currently no comparable homes to 21 Kingmont Street.
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