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Wakefield 01880
22 Traverse Street
$435,000
● House - Off Market

22 Traverse Street

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,838 Ft²
$782,550
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Recently renovated with an attractive open floor plan that's bound to please, you'll fall in love with all the upgrades this home has to offer. Granite counter tops, custom cabinets, and recessed lighting really highlight the exposed brick kitchen complete with separate gas indoor grilling area. Upgrades included beautiful hardwood flooring, central A/C and replacement windows for even more value.  But step outside to enjoy the enclosed inground pool area complete with a fully functional 30'x10' cabana & bath and you'll see why this home has real value. Ranking a high Walkability Score, you'll be only minutes away from Public T, schools and all the local amenities.
Unit Size
1,838 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$245
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71862957)

Price History

Date / Event Date Event Price
Sep 18, 2015 Sold
Premium
Sold
Jun 24, 2015 Listed by Century 21 Commonwealth $450,000
Listed by Century 21 Commonwealth
Apr 22, 2010 Sold
Premium
Sold
Aug 19, 2009 Listed by Century 21 Commonwealth $375,000
Listed by Century 21 Commonwealth
Aug 29, 2008 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 713
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,663
  • Total Building Area: 1,838
  • Gross Building Area: 3,075
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Account Number: 38965
  • District: 305
  • Parcel: WAKE M:000019 B:0196 P:000203
  • Block: 196
  • Municipality: WAKEFIELD
  • Latitude: 42.4974
  • Longitude: -71.0632

    Address

  • Full Address: 22 Traverse St
  • Address - House Number: 22
  • Address - Street Name: Traverse
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3359
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $853,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 789,780
  • High Value: 928,698
  • Low Value: 650,863

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $759,000
  • Assessed Land Value: $391,000
  • Assessed Improvements Value: $368,000

    Sales

  • Current Sale Recording Date: Sep 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 159375
  • Previous Sale Recording Date: Apr 22, 2010
  • Previous Sale Amount: $375,000
  • 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

$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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71862957

Frequently Asked Questions

When was property at 22 Traverse Street built and last sold?
The property at 22 Traverse Street was built in 1900 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 22 Traverse Street is $482,832.
What are some comparable homes to 22 Traverse Street?
There are currently no comparable homes to 22 Traverse Street.
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