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Wakefield 01880
29 Sherman Rd
$476,500
● House - Off Market

29 Sherman Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,274 Ft²
$856,220
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Remarkable 10 year young Colonial located on a pretty, tree-lined street. Exceptionally light and sunny, this open floor plan lends itself to entertaining and easy living.  Hardwood floors where it counts and plush wall to wall carpet where it's wanted. Atrium doors in kitchen lead to a deck overlooking a perfectly sized, fenced in yard. Rarely found master suite with spacious closet and double vanity full bathroom. Finished basement with over 600sqft, but no lack of storage here.
Unit Size
2,274 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$198
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
2003

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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 #71536568)

Price History

Date / Event Date Event Price
Jul 25, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by RE/MAX Leading Edge $450,000
Listed by RE/MAX Leading Edge
Jan 16, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 9
  • Basement Area: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,199
  • Total Building Area: 2,274
  • Gross Building Area: 2,520
  • Building Area: 2,274
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,274
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 45137
  • District: 305
  • Parcel: WAKE M:000023 B:0213 P:0000C6
  • Block: 213
  • Municipality: WAKEFIELD
  • Latitude: 42.4871
  • Longitude: -71.063

    Address

  • Full Address: 29 Sherman Rd
  • Address - House Number: 29
  • Address - Street Name: Sherman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3807
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $876,000
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 879,594
  • High Value: 1,034,143
  • Low Value: 725,044

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $778,700
  • Assessed Land Value: $344,700
  • Assessed Improvements Value: $434,000

    Sales

  • Current Sale Recording Date: Jul 25, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000164
  • Previous Sale Recording Date: Jan 16, 2004
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 48
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

$450

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1985 ft²

Average Home Age

71.4 years

Currently For Sale

48 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# 71536568

Frequently Asked Questions

When was property at 29 Sherman Road built and last sold?
The property at 29 Sherman Road was built in 2003 and last sold on Jan 1, 1970 for $476,500.
How much is this home worth?
The estimated value of the home located at 29 Sherman Road is $490,535.
What are some comparable homes to 29 Sherman Road?
There are currently no comparable homes to 29 Sherman Road.
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