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Wakefield 01880
25 Fairmount
$227,400
● House - Off Market

25 Fairmount

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
$1,038,410
RealtyHop Estimate
351.68%
Since Apr 1, 1996
MA-Boston
Primary Model

About This Property

LOVELY WELL MAINTAINED SPLIT ENTRY IN WEST SIDE AREA. FIRST FLOOR FR LEADS TO 14X8 DECK AND 24X18 PATIO OVERLOOKING PRIVATE WOODED LOT.  FINISHED FP FR IN BASEMENT WITH TWO ADDITIONAL ROOMS WITH WET BAR & NEW FULL BATH.
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1968

Payment Calculator

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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 years ago (MLSPIN #30085350)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed $779,900
Listed
Oct 1, 1999 Sold
Premium
Sold
Jul 9, 1999 Listed $289,900
Listed
May 6, 1996 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,490
  • Total Building Area: 2,070
  • Gross Building Area: 2,684
  • Building Area: 2,070
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,070
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000516
  • 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: 10129
  • District: 305
  • Parcel: WAKE M:000007 B:0262 P:00052+
  • Block: 262
  • Municipality: WAKEFIELD
  • Latitude: 42.5039
  • Longitude: -71.0817

    Address

  • Full Address: 25 Fairmount Ave
  • Address - House Number: 25
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2225
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $981,100

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 921,451
  • High Value: 1,083,961
  • Low Value: 758,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $872,100
  • Assessed Land Value: $455,400
  • Assessed Improvements Value: $416,700

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 264307
  • Previous Sale Recording Date: Oct 01, 1999
  • Previous Sale Amount: $288,400
  • 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 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

$3,620 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30085350

Frequently Asked Questions

When was property at 25 Fairmount Avenue built and last sold?
The property at 25 Fairmount Avenue was built in 1968 and last sold on Dec 7, 2021 for $876,500.
How much is this home worth?
The estimated value of the home located at 25 Fairmount Avenue is $0.
What are some comparable homes to 25 Fairmount Avenue?
There are currently no comparable homes to 25 Fairmount Avenue.
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