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$304,000
● Condo - Off Market

276 Albion #18

Wakefield, MA
bedrooms
2 Beds
bathrooms
1 Bath
square feet
966 Ft²
$334,016
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Affordable two bedroom condo located at Brook Bend Condominiums. This larger 966 sq ft unit includes one deeded parking space and a balcony deck. There is a laundry room on the lower level and an assigned locker for storage. Great location across from Moulton Park and less than a mile to downtown area shops and restaurants, Wakefield Common and Lake Quannapowitt.
Unit Size
966 Ft²
Days on Market
-
Land Size
-
Price per sqft
$299
Property Type
Condo
Property Taxes
$306
HOA Dues
$398
Year Built
-

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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 years ago (MLSPIN #72851231)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Jun 16, 2021 Listed by Elite Realty Experts, LLC $289,000
Listed by Elite Realty Experts, LLC

Property Highlights

Air Conditioning
Interior Details
Level: Second
Width: 12
Length: 8
Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile
Area: 96
Area: 40
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Laminate
Length: 5
Level: Second
Width: 8
Level: Second
Features: Walk-In Closet(s), Flooring - Laminate
Width: 17
Length: 10
Area: 170
Width: 10
Features: Ceiling Fan(s), Closet, Flooring - Laminate
Length: 10
Level: Second
Area: 100
Length: 16
Level: Second
Area: 208
Features: Flooring - Laminate, Slider
Width: 13
Features: Closet, Flooring - Laminate
Level: Second
Length: 10
Width: 17
Area: 170
Full Bathrooms: 1
Appliances: Utility Connections for Electric Range
Flooring Type: Tile, Laminate
Laundry Features: Common Area, In Building
Rooms: 5
Basement: N
Parking Details
Parking Features: Exclusive Parking
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: GR
Parcel Number: 817555
Water Source: Public
Financial Details
Tax Assessed Value: $288,300
Tax Annual Amount: $3,670
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Natural Gas, Common
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $398

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Currently no similar homes around
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72851231
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