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Wakefield 01880
24 Cedar St
$957,000
● House - Off Market

24 Cedar St

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,142 Ft²
$907,143
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to this beautiful Colonial home in the heart of Wakefield.  Completed in 2016, this home is Move-in-Ready and waiting for your family.  Conveniently located south of Lake Quannapowitt and just 2 blocks from the Commuter rail, there is easy access to Boston.  The home features 3 bedrooms and a great finished loft space that can be used as an office, exercise room and potentially an additional bedroom on the top floor.  Hardwood floors throughout the 1st and 2nd level, Harvey windows in every room.  The gorgeous kitchen features a large island with seating and lovely finishes.  The living room/dining room space gets great light and is perfect for entertaining.  Don't miss this opportunity to own a fantastic location - near the Galvin Middle School!  Open houses Saturday and Sunday 11am-12:30pm.
Unit Size
2,142 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$396
Property Type
House
Property Taxes
$767
HOA Dues
-
Year Built
2016

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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 #72935093)

Price History

Date / Event Date Event Price
Feb 18, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by Coldwell Banker Realty - Arlington $849,000
Listed by Coldwell Banker Realty - Arlington
Jan 17, 2017 Sold
Premium
Sold
Nov 17, 2016 Listed by Coldwell Banker Realty - Arlington $574,998
Listed by Coldwell Banker Realty - Arlington
Feb 29, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,608
  • Total Building Area: 2,219
  • Gross Building Area: 3,776
  • Building Area: 2,219
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,219
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: GR

Geography

  • Account Number: 18155
  • District: 305
  • Parcel: WAKE M:000011 B:0153 P:00053K
  • Block: 153
  • Municipality: WAKEFIELD
  • Latitude: 42.5039
  • Longitude: -71.0796

    Address

  • Full Address: 24 Cedar St
  • Address - House Number: 24
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2204
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,058,300

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 981,570
  • High Value: 1,155,569
  • Low Value: 807,572

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $940,700
  • Assessed Land Value: $386,200
  • Assessed Improvements Value: $554,500

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 26925
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Amount: $612,000
  • 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

Unit for rent at 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,115 /mo

  • 1 Bed
  • 1 Bath
  • 893 ft²
200 Quannapowitt Parkway #A6, 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# 72935093

Frequently Asked Questions

When was property at 24 Cedar Street built and last sold?
The property at 24 Cedar Street was built in 2016 and last sold on Feb 18, 2022 for $957,500.
How much is this home worth?
The estimated value of the home located at 24 Cedar Street is $856,030.
What are some comparable homes to 24 Cedar Street?
There are currently no comparable homes to 24 Cedar Street.
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