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Wakefield 01880
22 Salisbury Road
$707,250
● House - Off Market

22 Salisbury Road

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,919 Ft²
$1,390,712
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Young & stately 4/5 bedroom Colonial.  Dramatic two story foyer, open concept living & dining rooms. Hardwood flooring.  Spacious chef's kitchen w/ maple cabinets, commercial stove with warmer.  Stainless steel appliances, granite countertops and large island.  First floor laundry and half bath.  Sliders to extra large  deck.  Fireplaced great room.  First floor office.  Generous bedrooms including master w/ walk in closet and master bath.  The lower level has an additional 2,160 square feet.  Nicely finished with a great wet bar and bar stools also,a 5th bedroom and 2nd laundry room with full bath  Walk out to a private level lot.
Unit Size
3,919 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$186
Property Type
House
Property Taxes
$663
HOA Dues
-
Year Built
2002

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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 #71605702)

Price History

Date / Event Date Event Price
Dec 23, 2013 Sold
Premium
Sold
Nov 7, 2013 Listed by Coldwell Banker Residential Brokerage - Lynnfield $729,000
Listed by Coldwell Banker Residential Brokerage - Lynnfield
Jun 2, 2003 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 2,160
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,325
  • Total Building Area: 4,999
  • Gross Building Area: 7,518
  • Building Area: 4,999
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,999
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000467
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: SSR

Geography

  • Account Number: 90331
  • District: 305
  • Parcel: WAKE M:000021 B:067A P:0000S2
  • Block: 67A
  • Municipality: WAKEFIELD
  • Latitude: 42.4928
  • Longitude: -71.063

    Address

  • Full Address: 22 Salisbury Rd
  • Address - House Number: 22
  • Address - Street Name: Salisbury
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3714
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,455,000

    Appraisal Valuation

  • Standard Deviation: 0.1568
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 1,387,519
  • High Value: 1,605,135
  • Low Value: 1,169,903

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,293,300
  • Assessed Land Value: $382,100
  • Assessed Improvements Value: $911,200

    Sales

  • Current Sale Recording Date: Dec 23, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 02, 2003
  • Previous Sale Amount: $639,000
  • 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

$450

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1985 ft²

Average Home Age

71.4 years

Currently For Sale

48 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# 71605702

Frequently Asked Questions

When was property at 22 Salisbury Road built and last sold?
The property at 22 Salisbury Road was built in 2002 and last sold on Jan 1, 1970 for $707,250.
How much is this home worth?
The estimated value of the home located at 22 Salisbury Road is $788,698.
What are some comparable homes to 22 Salisbury Road?
There are currently no comparable homes to 22 Salisbury Road.
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