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Reading 01867
26 Wakefield St
$607,000
● House - Off Market

26 Wakefield St

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,106 Ft²
$1,047,897
RealtyHop Estimate
66.60%
Since Sep 1, 2016
MA-Boston
Primary Model

About This Property

Classic colonial. 4 bdrms, 2.5 baths. Large corner lot w/private, level fenced backyard. Beautiful hardwood floors. Pine paneled country kitchen w/adjacent sunroom, formal dining room, front to back living room w/fireplace. Attic storage w/cedar closet; basement family room w/fireplace, 2 car garage, off street parking for 6 cars; all new Andersen Tilt-Wash windows, new Mitsubishi a/c-heat pump system; CertainTeed siding. Desirable neighborhood, near Killam School.
Unit Size
2,106 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$299
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1946

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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: 5 months ago (MLSPIN #72015423)

Price History

Date / Event Date Event Price
Aug 16, 2016 Sold
Premium
Sold
Jun 1, 2016 Listed by The Greene Realty Group $629,000
Listed by The Greene Realty Group
Apr 27, 1964 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • 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: 570
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,063
  • Total Building Area: 2,007
  • Gross Building Area: 2,838
  • Building Area: 2,007
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,007
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334400

Zoning

  • Zoning: S20

Geography

  • Account Number: 1460000000
  • Parcel: READ M:035.0-0000-0055.0
  • Municipality: READING
  • Latitude: 42.5379
  • Longitude: -71.0892

    Address

  • Full Address: 26 Wakefield St
  • Address - House Number: 26
  • Address - Street Name: Wakefield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1851
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $951,200

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 888,673
  • High Value: 1,045,086
  • Low Value: 732,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $811,600
  • Assessed Land Value: $481,300
  • Assessed Improvements Value: $330,300

    Sales

  • Current Sale Recording Date: Aug 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 141126
  • Previous Sale Recording Date: Apr 27, 1964
  • Previous Sale Amount: $26,000
  • 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 Reading

Stats & Trends

Median Asking:

$869,900

Sale Price/ft²

$458

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2132 ft²

Average Home Age

57.2 years

Currently For Sale

39 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

$2,715 /mo

  • 1 Bed
  • 1 Bath
  • 831 ft²
200 Quannapowitt Parkway #A10J, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72015423

Frequently Asked Questions

When was property at 26 Wakefield Street built and last sold?
The property at 26 Wakefield Street was built in 1946 and last sold on Jan 1, 1970 for $607,000.
How much is this home worth?
The estimated value of the home located at 26 Wakefield Street is $648,649.
What are some comparable homes to 26 Wakefield Street?
There are currently no comparable homes to 26 Wakefield Street.
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