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Wakefield 01880
21 Woodcrest Dr
$500,000
● House - Off Market

21 Woodcrest Dr

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$634,437
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Welcome home!  Located in the Dolbeare area of Wakefield, this ranch features 3 spacious bedrooms, 1 bath, a three-season sunroom off of the kitchen, living room with wood-burning fireplace and much more. Add additional space in the partially finished bonus room located in the basement, with the potential for an additional bathroom, and enjoy the handyman's area leading out to the garage. Roof updated in 2012, updated electric circuit breakers in 2018. Located near Lake, Downtown, Train and all major travel routes. Bring your vision and get ready to move right in! Showings by appointment only. All offers due by Friday, 10/23 at 5pm.
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$427
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1954

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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: 5 years ago (MLSPIN #72745014)

Price History

Date / Event Date Event Price
Dec 21, 2020 Sold
Premium
Sold
Oct 19, 2020 Listed by Coldwell Banker Realty - Beverly $499,900
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,172
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,461
  • Total Building Area: 1,641
  • Gross Building Area: 2,656
  • Building Area: 1,641
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,641
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000217
  • 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: 77673
  • District: 305
  • Parcel: WAKE M:00014C B:0108 P:000FL6
  • Block: 108
  • Municipality: WAKEFIELD
  • Latitude: 42.5197
  • Longitude: -71.0657

    Address

  • Full Address: 21 Woodcrest Dr
  • Address - House Number: 21
  • Address - Street Name: Woodcrest
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1127
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,800
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 673,359
  • High Value: 791,799
  • Low Value: 554,919

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $610,500
  • Assessed Land Value: $377,600
  • Assessed Improvements Value: $232,900

    Sales

  • Current Sale Contract Date: Dec 15, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 243687
  • Previous Sale Recording Date: Jun 21, 2018
  • 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:

$774,900

Sale Price/ft²

$455

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

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

$2,825 /mo

  • 1 Bed
  • 1 Bath
  • 714 ft²
200 Quannapowitt Parkway #A1J, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72745014

Frequently Asked Questions

When was property at 21 Woodcrest Drive built and last sold?
The property at 21 Woodcrest Drive was built in 1954 and last sold on Dec 15, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 21 Woodcrest Drive is $507,505.
What are some comparable homes to 21 Woodcrest Drive?
There are currently no comparable homes to 21 Woodcrest Drive.
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