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Wakefield 01880
29 Paon Blvd
Photo of 29 Paon Blvd
Sold on Jul 29, 2005

1

Map

$459,000
● House - Off Market

29 Paon Blvd

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,832 Ft²
$828,087
RealtyHop Estimate
76.23%
Since Aug 1, 2005
MA-Boston
Primary Model

About This Property

Fabulous move-in condition, 4BR, 2 1/2 bth Garrison Colonial w/many updates located in the Dolbeare School district on a quiet street.  Many outstanding features throughout include spacious closets, C/A, 2-zone heat, fantastic kitchen w/Corian sink & counters and all new appliances. First floor FR leads to a lovely deck and level back yard with shed.  2nd floor features 4 BRs and 2 updated bths, including a great master bedroom with Cathedral ceiling, 3 closets and full bath.
Unit Size
1,832 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$257
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1948

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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 #70173122)

Price History

Date / Event Date Event Price
May 25, 2021 Sold
Premium
Sold
Apr 15, 2021 Listed $649,900
Listed
Jul 29, 2005 Sold
Premium
Sold
Apr 12, 2005 Listed $469,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 808
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,451
  • Total Building Area: 1,878
  • Gross Building Area: 2,756
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,878
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 76371
  • District: 305
  • Parcel: WAKE M:00014B B:0139 P:000N42
  • Block: 139
  • Municipality: WAKEFIELD
  • Latitude: 42.5229
  • Longitude: -71.0618

    Address

  • Full Address: 29 Paon Blvd
  • Address - House Number: 29
  • Address - Street Name: Paon
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C011
  • 4-Digit Zip Code: 1138
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $846,300
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 835,976
  • High Value: 982,862
  • Low Value: 689,091

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $752,300
  • Assessed Land Value: $367,400
  • Assessed Improvements Value: $384,900

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 118555
  • Previous Sale Recording Date: Jul 29, 2005
  • Previous Sale Amount: $459,000
  • 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:

$779,900

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1964 ft²

Average Home Age

72.4 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,455 /mo

  • 2 Beds
  • 2 Baths
  • 1,047 ft²
200 Quannapowitt Parkway #B14.1B, 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# 70173122

Frequently Asked Questions

When was property at 29 Paon Boulevard built and last sold?
The property at 29 Paon Boulevard was built in 1948 and last sold on May 25, 2021 for $740,000.
How much is this home worth?
The estimated value of the home located at 29 Paon Boulevard is $662,877.
What are some comparable homes to 29 Paon Boulevard?
There are currently no comparable homes to 29 Paon Boulevard.
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