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Wakefield 01880
26 Summer St
$476,500
● House - Off Market

26 Summer St

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,668 Ft²
$817,334
RealtyHop Estimate
73.94%
Since Mar 1, 2016
MA-Boston
Primary Model

About This Property

Turn of the century Victorian Colonial in lovely residential neighborhood. Farmer's porch on front. Large entry foyer. Gorgeous birch flooring. Four generous size bedrooms on second floor. A full walk up attic affords great storage and gives you future expansion potential. Big eat in country kitchen with adjacent work area. Gas cooking. First floor den/ familyroom off kitchen (could also function as a formal DR). Double pane replacement windows and blown in insulation help with energy efficiency. 10+- yr old roof with architectural shingles. A full basement with great ceiling height. Commuter? Walk to commuter rail to Boston or take the bus from end of street to Oak Grove! Great access to all major highways too. Walk to downtown and Lake Quannapowitt.
Unit Size
1,668 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$282
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1890

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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 #71941608)

Price History

Date / Event Date Event Price
Feb 10, 2016 Sold
Premium
Sold
Dec 16, 2015 Listed by Boardwalk Real Estate $469,900
Listed by Boardwalk Real Estate
Dec 14, 2004 Sold
Premium
Sold
Oct 7, 2004 Listed by Boardwalk Real Estate $419,900
Listed by Boardwalk Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 886
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,830
  • Total Building Area: 1,668
  • Gross Building Area: 3,495
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASA N & PAUL N SWEETSER
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: GR

Geography

  • Account Number: 38391
  • District: 305
  • Parcel: WAKE M:000019 B:0081 P:000075
  • Block: 81
  • Municipality: WAKEFIELD
  • Latitude: 42.4952
  • Longitude: -71.0661

    Address

  • Full Address: 26 Summer St
  • Address - House Number: 26
  • Address - Street Name: Summer
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3799
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $764,400

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 791,932
  • High Value: 964,541
  • Low Value: 619,323

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $679,500
  • Assessed Land Value: $352,300
  • Assessed Improvements Value: $327,200

    Sales

  • Current Sale Recording Date: Feb 10, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21877
  • Previous Sale Recording Date: Dec 14, 2004
  • Previous Sale Amount: $420,000
  • 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

$5,370 /mo

  • 3 Beds
  • 2 Baths
  • 1,402 ft²
200 Quannapowitt Parkway #C4, 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# 71941608

Frequently Asked Questions

When was property at 26 Summer Street built and last sold?
The property at 26 Summer Street was built in 1890 and last sold on Jan 1, 1970 for $476,500.
How much is this home worth?
The estimated value of the home located at 26 Summer Street is $487,600.
What are some comparable homes to 26 Summer Street?
There are currently no comparable homes to 26 Summer Street.
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