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Wakefield 01880
24 Putnam Ave
Photo of 24 Putnam Ave
Sold on Jul 31, 2009

1

Map

$285,000
● House - Off Market

24 Putnam Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,548 Ft²
$646,500
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Estate sale. Ranch style home located in a great neighborhood. Oak Hardwood floors under the wall to wall carpet. Fireplace in large living/dinig room combination. Pine cabinets in eat in kitchen. level lot. Oversized bedroom closets. Access to back yard from basement vestibule. Half bath in basement. hot water baseboard heat by oil.Handy location between Wakefield and Reading center.
Unit Size
1,548 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$203
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1959

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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 #70915544)

Price History

Date / Event Date Event Price
Dec 29, 2014 Sold
Premium
Sold
Jul 31, 2009 Sold
Premium
Sold
May 8, 2009 Listed $314,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1970
  • 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: 11
  • 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: 1,032
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,514
  • Total Building Area: 1,548
  • Gross Building Area: 2,064
  • Building Area: 1,548
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,548
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 1329
  • District: 305
  • Parcel: WAKE M:000003 B:0111 P:000C26
  • Block: 111
  • Municipality: WAKEFIELD
  • Latitude: 42.5096
  • Longitude: -71.0939

    Address

  • Full Address: 24 Putnam Ave
  • Address - House Number: 24
  • Address - Street Name: Putnam
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1436
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $639,900

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 667,463
  • High Value: 784,866
  • Low Value: 550,060

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,800
  • Assessed Land Value: $358,000
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Recording Date: Dec 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1688920
  • Previous Sale Recording Date: Jul 31, 2009
  • Previous Sale Amount: $285,000
  • Previous Sale Document Type: 48
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

$450

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1985 ft²

Average Home Age

71.4 years

Currently For Sale

48 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# 70915544

Frequently Asked Questions

When was property at 24 Putnam Avenue built and last sold?
The property at 24 Putnam Avenue was built in 1959 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 24 Putnam Avenue is $338,200.
What are some comparable homes to 24 Putnam Avenue?
There are currently no comparable homes to 24 Putnam Avenue.
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