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Wakefield 01880
27 Lake Street
Photo of 27 Lake Street
Sold on Jul 29, 2011

1

Map

$350,000
● House - Off Market

27 Lake Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,490 Ft²
$740,596
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

Lovely Storybook Cape, in LIKE NEW condition, located on a beautiful level lot. New brick driveway and walk lead inside to 1st flr offering generous size rooms, gleaming HW floors, DR with bulit-in, 1st flr BR and full CT Bath. Eat-in Kitchen leads to 3-season porch, large stone patio for entertaining and a professionally landscaped yard. 2nd flr has two generous BRs, beautiful full bath with granite and double sink. Heated walk-out basement has potential. Heat, Roof and many updates past 2 Yrs
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$242
Property Type
House
Property Taxes
$302
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71200902)

Price History

Date / Event Date Event Price
Jul 29, 2011 Sold
Premium
Sold
Mar 16, 2011 Listed by Century 21 Commonwealth $359,900
Listed by Century 21 Commonwealth
Aug 29, 2006 Sold
Premium
Sold
Jul 13, 2006 Listed by Century 21 Commonwealth $329,900
Listed by Century 21 Commonwealth

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,121
  • Total Building Area: 1,470
  • Gross Building Area: 2,958
  • Building Area: 1,470
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,470
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 03
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Account Number: 22939
  • District: 305
  • Parcel: WAKE M:000013 B:0092 P:000036
  • Block: 92
  • Municipality: WAKEFIELD
  • Latitude: 42.498
  • Longitude: -71.0754

    Address

  • Full Address: 27 Lake St
  • Address - House Number: 27
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C012
  • 4-Digit Zip Code: 3129
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $738,200

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 737,023
  • High Value: 866,661
  • Low Value: 607,385

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $656,200
  • Assessed Land Value: $395,700
  • Assessed Improvements Value: $260,500

    Sales

  • Current Sale Recording Date: Jul 29, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000013
  • Previous Sale Recording Date: Aug 29, 2006
  • Previous Sale Amount: $320,000
  • 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:

$775,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1986 ft²

Average Home Age

82.5 years

Currently For Sale

47 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

$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: 5 months ago
Data Source: MLS PIN, MLS# 71200902

Frequently Asked Questions

When was property at 27 Lake Street built and last sold?
The property at 27 Lake Street was built in 1951 and last sold on Jan 1, 1970 for $350,000.
How much is this home worth?
The estimated value of the home located at 27 Lake Street is $381,026.
What are some comparable homes to 27 Lake Street?
There are currently no comparable homes to 27 Lake Street.
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