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Wakefield 01880
29 Lassell St
$475,500
● House - Off Market

29 Lassell St

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,260 Ft²
$695,991
RealtyHop Estimate
48.11%
Since Jul 1, 2018
MA-Boston
Primary Model

About This Property

Move right in to this Classic New England Cape in the GREENWOOD section of Wakefield! This adorable cape boasts a spacious eat in kitchen with breakfast bar, a formal dining room, a front to back living room with fireplace and a cozy screened in porch.  There are 2 bedrooms 1 1/2 baths with potential to turn dining room into a third bedroom. Hardwood throughout and under carpet. All systems have been upgraded including electrical, roof, deck, windows and exterior doors etc. This lovely home sits on a beautifully landscaped lot on a quiet street with a fenced in yard, back deck and a one car detached garage. Walking distance to 2 commuter rail stations, main street shopping, coffee shops, restaurants, grocery and parks. Convenient to highways, conservation areas, Lake Quannapowitt and Crystal Lake.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$373
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1950

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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 #72322471)

Price History

Date / Event Date Event Price
Jun 29, 2018 Sold
Premium
Sold
May 7, 2018 Listed by Keller Williams Realty $469,900
Listed by Keller Williams Realty
Sep 12, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 1
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,159
  • Total Building Area: 1,260
  • Gross Building Area: 2,465
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 55415
  • District: 305
  • Parcel: WAKE M:000027 B:0128 P:00101A
  • Block: 128
  • Municipality: WAKEFIELD
  • Latitude: 42.476
  • Longitude: -71.065

    Address

  • Full Address: 29 Lassell St
  • Address - House Number: 29
  • Address - Street Name: Lassell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4233
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $663,500

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 68
  • Final Value: 693,982
  • High Value: 853,424
  • Low Value: 534,539

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,800
  • Assessed Land Value: $345,500
  • Assessed Improvements Value: $244,300

    Sales

  • Current Sale Recording Date: Jun 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 96306
  • Previous Sale Recording Date: Sep 12, 2014
  • Previous Sale Amount: $300,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1933 ft²

Average Home Age

73.3 years

Currently For Sale

51 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72322471

Frequently Asked Questions

When was property at 29 Lassell Street built and last sold?
The property at 29 Lassell Street was built in 1950 and last sold on Jan 1, 1970 for $475,500.
How much is this home worth?
The estimated value of the home located at 29 Lassell Street is $483,064.
What are some comparable homes to 29 Lassell Street?
There are currently no comparable homes to 29 Lassell Street.
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