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Wakefield 01880
29 Old Nahant Rd
$490,000
● House - Off Market

29 Old Nahant Rd

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,979 Ft²
$739,502
RealtyHop Estimate
47.93%
Since Nov 1, 2018
MA-Boston
Primary Model

About This Property

Oversized raised ranch on corner lot.   Living room with fireplace and pellet stove, dining room with sliders to spacious 2 level deck; recently renovated kitchen with lots of cabinets, breakfast bar, and new appliances.  3 good sized bedrooms and beautiful tiled bath (with washer & dryer included).   Hardwood floors in all 5 rooms covered with carpet.   1st floor offers a big foyer with front to back family room (or 2nd liv/din room) with a full kitchen and big bath with tiled shower stall.   Additional bedroom or office on this level giving you many opportunities for extended family.  Lots of natural light, ceiling fans and a big mudroom off the kitchen.  Garage and shed.   All you need is a little cosmetic updates and you could be settled in before school starts.
Unit Size
2,979 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$168
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1967

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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: 4 months ago (MLSPIN #72350205)

Price History

Date / Event Date Event Price
Oct 12, 2018 Sold
Premium
Sold
Jun 20, 2018 Listed by Plunkett Properties $499,900
Listed by Plunkett Properties
Oct 4, 1979 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,300
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,380
  • Total Building Area: 2,260
  • Gross Building Area: 3,013
  • Building Area: 2,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000284
  • 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: 65200
  • District: 305
  • Parcel: WAKE M:000033 B:0040 P:0099CB
  • Block: 40
  • Municipality: WAKEFIELD
  • Latitude: 42.492
  • Longitude: -71.052

    Address

  • Full Address: 29 Old Nahant Rd
  • Address - House Number: 29
  • Address - Street Name: Old Nahant
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3822
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $720,800

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 747,761
  • High Value: 882,724
  • Low Value: 612,797

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $640,700
  • Assessed Land Value: $381,300
  • Assessed Improvements Value: $259,400

    Sales

  • Current Sale Recording Date: Oct 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 157070
  • Previous Sale Recording Date: Oct 04, 1979
  • Previous Sale Amount: $67,000
  • 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:

$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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72350205

Frequently Asked Questions

When was property at 29 Old Nahant Road built and last sold?
The property at 29 Old Nahant Road was built in 1967 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 29 Old Nahant Road is $548,266.
What are some comparable homes to 29 Old Nahant Road?
There are currently no comparable homes to 29 Old Nahant Road.
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