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Wakefield 01880
24 White Ave
$725,000
● House - Off Market

24 White Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,511 Ft²
$607,932
RealtyHop Estimate
1.34%
Since Jun 1, 2022
MA-Boston
Primary Model

About This Property

Classic Dutch Colonial with many period details, built-ins, gum wood, and hardwood floors. The current owners, of over 35 years have kept this home well maintained and  made thoughtful improvements including a bath renovation (2014), roof (2019), and an updated boiler and windows.  Charming private yard. One block from Lake Quannapowitt, with many activities including kayaking on the Lake. Close to  the Common, with playground and community events and downtown Wakefield with restaurants and transportation.  Don't miss this opportunity to live in this wonderful location close to Lake Quannapowitt!
Unit Size
1,511 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$397
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1915

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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 #72957888)

Price History

Date / Event Date Event Price
May 20, 2022 Sold
Premium
Sold
Mar 30, 2022 Listed by Residential Realty Group $599,900
Listed by Residential Realty Group
Nov 21, 1989 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 600
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,746
  • Total Building Area: 1,511
  • Gross Building Area: 2,295
  • Building Area: 1,511
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,511
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 29655
  • District: 305
  • Parcel: WAKE M:000016 B:0227 P:00006A
  • Block: 227
  • Municipality: WAKEFIELD
  • Latitude: 42.5116
  • Longitude: -71.0701

    Address

  • Full Address: 24 White Ave
  • Address - House Number: 24
  • Address - Street Name: White
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1822
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $743,700

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 739,780
  • High Value: 869,764
  • Low Value: 609,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,100
  • Assessed Land Value: $333,100
  • Assessed Improvements Value: $328,000

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: May 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 76198
  • Previous Sale Recording Date: Jan 16, 2013
  • 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:

$779,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1964 ft²

Average Home Age

72.4 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, 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# 72957888

Frequently Asked Questions

When was property at 24 White Avenue built and last sold?
The property at 24 White Avenue was built in 1915 and last sold on May 20, 2022 for $725,000.
How much is this home worth?
The estimated value of the home located at 24 White Avenue is $623,120.
What are some comparable homes to 24 White Avenue?
There are currently no comparable homes to 24 White Avenue.
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