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Wakefield 01880
276 Nahant St
$550,000
● House - Off Market

276 Nahant St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,122 Ft²
$576,875
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Well cared for Cape in great location just a short distance to the Woodville Elementary School and Wakefield High School. Even though this home is in need of re-decorating and updating , it really shows true pride of ownership. Features include 6 rooms, 3 bedrooms, ceramic tiled bath, a fireplaced living room, lots of eve storage, hardwood flooring, and a nice screened porch overlooking the beautiful yard you get to from the large walk out basement.. The exterior has nice vinyl siding and thermopane tilt in windows as well as a circular driveway. Come on by and take a look at this great home today!
Unit Size
1,122 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$481
Property Type
House
Property Taxes
$449
HOA Dues
-
Year Built
1952

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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: 6 months ago (MLSPIN #72934092)

Price History

Date / Event Date Event Price
Feb 25, 2022 Sold
Premium
Sold
Jan 14, 2022 Listed by Boardwalk Real Estate $539,900
Listed by Boardwalk Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,695
  • Total Building Area: 1,122
  • Gross Building Area: 2,322
  • Building Area: 1,122
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,122
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 64215
  • District: 305
  • Parcel: WAKE M:000032 B:0097 P:00060B
  • Block: 97
  • Municipality: WAKEFIELD
  • Latitude: 42.496
  • Longitude: -71.0527

    Address

  • Full Address: 276 Nahant St
  • Address - House Number: 276
  • Address - Street Name: Nahant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3424
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,800

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 626,756
  • High Value: 729,871
  • Low Value: 523,641

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $579,400
  • Assessed Land Value: $349,500
  • Assessed Improvements Value: $229,900

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 30109
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:

$774,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2018 ft²

Average Home Age

85.1 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72934092

Frequently Asked Questions

When was property at 276 Nahant Street built and last sold?
The property at 276 Nahant Street was built in 1952 and last sold on Feb 25, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 276 Nahant Street is $545,424.
What are some comparable homes to 276 Nahant Street?
There are currently no comparable homes to 276 Nahant Street.
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