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Wakefield 01880
219 Oak Street
$492,500
● House - Off Market

219 Oak Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$742,292
RealtyHop Estimate
49.99%
Since Feb 1, 2019
MA-Boston
Primary Model

About This Property

First Open House at NEW PRICE!  Relax and enjoy the Open floor plan in this tastefully updated three bedroom ranch.  Fireplace living room open to dining room with Crown moldings and beautiful hardwood floors. The Kitchen was updated five years ago. Stainless Steel appliances,Quarts Counters, Cork flooring and Pottery Barn light fixture, make preparing meals a  pleasure.  Relax with a cup of coffee in the  three season porch that overlooks the large private, lot.  Additional living space was created in 2015 in the lower level, offering  a spacious family room with recessed lighting, laundry area, and attractive 3/4 bath. This area has newer windows, blown in insulation and electric heat. Great opportunity to purchase a home that is low maintenance and ready to move in.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$322
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1959

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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 #72422116)

Price History

Date / Event Date Event Price
May 12, 2022 Sold
Premium
Sold
Jan 31, 2019 Sold
Premium
Sold
Nov 9, 2018 Listed by Boardwalk Real Estate $494,900
Listed by Boardwalk Real Estate
Jan 28, 2010 Sold
Premium
Sold
Nov 9, 2009 Listed by Boardwalk Real Estate $309,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 1,024
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,000
  • Total Building Area: 1,536
  • Gross Building Area: 2,160
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND WAKEFIELD
  • Land Acres: 0000000367
  • 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: 82827
  • District: 305
  • Parcel: WAKE M:00040C B:0051 P:00002E
  • Block: 51
  • Municipality: WAKEFIELD
  • Latitude: 42.4913
  • Longitude: -71.0533

    Address

  • Full Address: 219 Oak St
  • Address - House Number: 219
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3855
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 683,588
  • High Value: 796,053
  • Low Value: 571,122

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,500
  • Assessed Land Value: $364,900
  • Assessed Improvements Value: $213,600

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71515
  • Previous Sale Recording Date: Jan 31, 2019
  • Previous Sale Contract Date: Jan 28, 2019
  • Previous Sale Amount: $492,500
  • Previous Sale Document Type: O
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# 72422116

Frequently Asked Questions

When was property at 219 Oak Street built and last sold?
The property at 219 Oak Street was built in 1959 and last sold on May 12, 2022 for $570,000.
How much is this home worth?
The estimated value of the home located at 219 Oak Street is $510,684.
What are some comparable homes to 219 Oak Street?
There are currently no comparable homes to 219 Oak Street.
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