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Wakefield 01880
23 Renee Drive
$510,000
● House - Off Market

23 Renee Drive

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,698 Ft²
$822,002
RealtyHop Estimate
59.61%
Since May 1, 2017
MA-Boston
Primary Model

About This Property

Impressive 3 bedroom 2 full bath split entry in one of Wakefield's premiere neighborhoods.  This lovely home has a remodeled open floor plan that really highlights the updated kitchen and beautiful hardwood flooring throughout.  The spacious full bath has also been updated with radiant heat, tile and granite.  Large lower level family room has a wood burning stove, updated 3/4 bath and a walk out slider that leads directly into the rear fenced yard.  Still looking for more? How about central air, a large laundry and utility room plus convenient walk in access from the garage. Now your life just got a whole lot easier. Come see it today.
Unit Size
1,698 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$303
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1980

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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: 5 months ago (MLSPIN #72114675)

Price History

Date / Event Date Event Price
Apr 19, 2017 Sold
Premium
Sold
Feb 1, 2017 Listed by Century 21 Commonwealth $515,000
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 1,080
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,698
  • Gross Building Area: 2,382
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 79581
  • District: 305
  • Parcel: WAKE M:00039A B:0046 P:000S66
  • Block: 46
  • Municipality: WAKEFIELD
  • Latitude: 42.5077
  • Longitude: -71.0394

    Address

  • Full Address: 23 Renee Dr
  • Address - House Number: 23
  • Address - Street Name: Renee
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1220
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $790,200

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 779,234
  • High Value: 900,841
  • Low Value: 657,627

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $702,400
  • Assessed Land Value: $399,200
  • Assessed Improvements Value: $303,200

    Sales

  • Current Sale Recording Date: Apr 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56463
  • Previous Sale Recording Date: May 17, 2016
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1933 ft²

Average Home Age

73.3 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# 72114675

Frequently Asked Questions

When was property at 23 Renee Drive built and last sold?
The property at 23 Renee Drive was built in 1980 and last sold on Jan 1, 1970 for $510,000.
How much is this home worth?
The estimated value of the home located at 23 Renee Drive is $533,683.
What are some comparable homes to 23 Renee Drive?
There are currently no comparable homes to 23 Renee Drive.
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