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Wakefield 01880
29 Converse Street
$751,000
● House - Off Market

29 Converse Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,327 Ft²
$662,734
RealtyHop Estimate
1.97%
Since May 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to the West Side! This sun filled Colonial style home not only offers cosmetic updates, but the many system updates as well!   The first floor offers an open and spacious  kitchen / dining area with white cabinets, granite countertops and stainless appliances.  The second floor consists of three ample sized bedrooms and a newer bathroom complete with convenient second floor laundry.   Hardwood Flooring throughout.  Comfortable Central Air. Outside you will find a large, flat, fenced in yard ready for barbecues, games and play!  The detached garage adds potential. Many new updates within 10 years, see attached list.  Terrific location convenient  to the commuter rail, highways, restaurants and shops downtown, Moulton playground, and all the activities at  Lake Quannapowitt!
Unit Size
1,327 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$490
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1900

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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 #72947696)

Price History

Date / Event Date Event Price
Apr 20, 2022 Sold
Premium
Sold
Mar 2, 2022 Listed by Leading Edge Real Estate $649,900
Listed by Leading Edge Real Estate
Apr 30, 2019 Sold
Premium
Sold
Feb 27, 2019 Listed by Leading Edge Real Estate $539,000
Listed by Leading Edge Real Estate
Apr 13, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 700
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,505
  • Total Building Area: 1,327
  • Gross Building Area: 2,425
  • Building Area: 1,327
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,327
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 8977
  • District: 305
  • Parcel: WAKE M:000007 B:0019 P:000170
  • Block: 19
  • Municipality: WAKEFIELD
  • Latitude: 42.4997
  • Longitude: -71.0842

    Address

  • Full Address: 29 Converse St
  • Address - House Number: 29
  • Address - Street Name: Converse
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2716
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $756,900

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 741,352
  • High Value: 871,611
  • Low Value: 611,092

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $672,800
  • Assessed Land Value: $379,300
  • Assessed Improvements Value: $293,500

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 58826
  • Previous Sale Recording Date: Apr 30, 2019
  • Previous Sale Contract Date: Apr 23, 2019
  • Previous Sale Amount: $572,000
  • Previous Sale Document Type: O
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:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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 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

$3,355 /mo

  • 2 Beds
  • 2 Baths
  • 1,176 ft²
200 Quannapowitt Parkway #B15P, 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# 72947696

Frequently Asked Questions

When was property at 29 Converse Street built and last sold?
The property at 29 Converse Street was built in 1900 and last sold on Apr 20, 2022 for $751,000.
How much is this home worth?
The estimated value of the home located at 29 Converse Street is $653,418.
What are some comparable homes to 29 Converse Street?
There are currently no comparable homes to 29 Converse Street.
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