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Wakefield 01880
23 Farm St
$520,000
● House - Off Market

23 Farm St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,434 Ft²
$842,796
RealtyHop Estimate
56.10%
Since Nov 1, 2017
MA-Boston
Primary Model

About This Property

***OPEN HOUSE SUNDAY HAS BEEN CANCELLED DUE TO ACCEPTED OFFER*** This lovingly maintained colonial in desirable Wakefield that has been in the same family for over 50 years, awaits your vision!  The clean, bright versatile floor plan will give you plenty of room to relax and play. It features 3 bedrooms , 2 baths, oversized family room and plenty of natural woodwork. Spacious fenced in yard gives you privacy and entertainment with it's in ground pool, deck and patio. This location offers easy access to shopping, schools, restaurants, and all of Wakefield's offerings!!! So bring your imagination and creative energy to this lovely older home and make it your own!
Unit Size
2,434 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$222
Property Type
House
Property Taxes
$556
HOA Dues
-
Year Built
1938

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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: 5 months ago (MLSPIN #72227662)

Price History

Date / Event Date Event Price
Oct 16, 2020 Sold
Premium
Sold
Aug 26, 2020 Listed by Boardwalk Real Estate $829,900
Listed by Boardwalk Real Estate
Oct 23, 2017 Sold
Premium
Sold
Sep 13, 2017 Listed by Boardwalk Real Estate $539,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2017
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 775
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,434
  • Gross Building Area: 3,491
  • Building Area: 2,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,434
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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: 63845
  • District: 305
  • Parcel: WAKE M:000032 B:0113 P:000057
  • Block: 113
  • Municipality: WAKEFIELD
  • Latitude: 42.4987
  • Longitude: -71.0514

    Address

  • Full Address: 23 Farm St
  • Address - House Number: 23
  • Address - Street Name: Farm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3503
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,032,100

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,050,626
  • High Value: 1,236,866
  • Low Value: 864,386

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $917,400
  • Assessed Land Value: $370,500
  • Assessed Improvements Value: $546,900

    Sales

  • Current Sale Contract Date: Oct 09, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 188142
  • Previous Sale Recording Date: Oct 23, 2017
  • Previous Sale Amount: $520,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 years

Currently For Sale

51 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: 5 months ago
Data Source: MLS PIN, MLS# 72227662

Frequently Asked Questions

When was property at 23 Farm Street built and last sold?
The property at 23 Farm Street was built in 1938 and last sold on Oct 9, 2020 for $910,000.
How much is this home worth?
The estimated value of the home located at 23 Farm Street is $849,646.
What are some comparable homes to 23 Farm Street?
There are currently no comparable homes to 23 Farm Street.
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