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Wakefield 01880
23 Crosby Road
$514,900
● House - Off Market

23 Crosby Road

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,462 Ft²
$726,144
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Offers Due Tuesday, August 13, 2019 at 5:00PM. Priced to Sell!!!!!Bright and Sunny 6 room, 1 1/2 Bath Move-in Cape located in Greenwood neighborhood  the end of a quiet street. New Kitchen cabinets, granite counters and appliances. Hardwood floors thru-out. Large living room with fireplace. Partially finished room in basement great for exercise room, home office, etc. One car Garage. Nice yard.  New roof 2015. New heating system and hot water tank 2015. Access to train, bus and highway.
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$349
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1940

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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 #72522559)

Price History

Date / Event Date Event Price
Oct 9, 2019 Sold
Premium
Sold
Jun 20, 2019 Listed by Morello Real Estate $509,900
Listed by Morello Real Estate
Jun 23, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Morello Real Estate $438,000
Listed by Morello Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,499
  • Total Building Area: 1,462
  • Gross Building Area: 2,484
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,462
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 44302
  • District: 305
  • Parcel: WAKE M:000023 B:0215 P:00C19A
  • Block: 215
  • Municipality: WAKEFIELD
  • Latitude: 42.4874
  • Longitude: -71.0629

    Address

  • Full Address: 23 Crosby Rd
  • Address - House Number: 23
  • Address - Street Name: Crosby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3837
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $650,500

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 672,239
  • High Value: 793,706
  • Low Value: 550,773

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,200
  • Assessed Land Value: $330,400
  • Assessed Improvements Value: $247,800

    Sales

  • Current Sale Contract Date: Oct 03, 2019
  • Current Sale Recording Date: Oct 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1825524
  • Previous Sale Recording Date: Jun 23, 2017
  • Previous Sale Amount: $450,000
  • 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

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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: 4 months ago
Data Source: MLS PIN, MLS# 72522559

Frequently Asked Questions

When was property at 23 Crosby Road built and last sold?
The property at 23 Crosby Road was built in 1940 and last sold on Oct 3, 2019 for $514,900.
How much is this home worth?
The estimated value of the home located at 23 Crosby Road is $524,195.
What are some comparable homes to 23 Crosby Road?
There are currently no comparable homes to 23 Crosby Road.
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