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Wakefield 01880
29 Green
Photo of 29 Green
Sold on Dec 4, 2008

1

Map

$162,000
● House - Off Market

29 Green

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$422,675
RealtyHop Estimate
112.40%
Since Jan 1, 2009
MA-Boston
Primary Model

About This Property

Builders and developers!This 1920s Cottage/Bungalow is on +/- 1/2 acre. Original stone wall is fantastic.  Great location--near commuter rail and town center. Lot plan shows two lots. Lot C is 7390 +/- sq ft, Lot B is +/- 13,865 sq ft.  Interior needs everything. Best use would be to develop the land! Possibly re-zone? According to town, Town sewer is available.  Property has private sewer currently.  Property is being sold as is. Seller has no info on development potential.
Unit Size
720 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$276
Property Type
House
Property Taxes
$225
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #70798883)

Price History

Date / Event Date Event Price
Dec 4, 2008 Sold
Premium
Sold
Jul 29, 2008 Listed $199,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,235
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,528
  • Total Building Area: 2,223
  • Gross Building Area: 2,712
  • Building Area: 2,223
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,223
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 25061A
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: GR

Geography

  • Account Number: 35641
  • District: 305
  • Parcel: WAKE M:000018 B:0199 P:0000N2
  • Block: 199
  • Municipality: WAKEFIELD
  • Latitude: 42.5005
  • Longitude: -71.0658

    Address

  • Full Address: 29 Wakefield Ave
  • Address - House Number: 29
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C038
  • 4-Digit Zip Code: 3344
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $739,900

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 708,667
  • High Value: 818,044
  • Low Value: 599,291

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $657,700
  • Assessed Land Value: $389,700
  • Assessed Improvements Value: $268,000
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:

$774,900

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2022 ft²

Average Home Age

80.7 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

$3,705 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 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: 6 months ago
Data Source: MLS PIN, MLS# 70798883

Frequently Asked Questions

When was property at 29 Wakefield Avenue built and last sold?
The property at 29 Wakefield Avenue was built in 1958 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 29 Wakefield Avenue is $209,755.
What are some comparable homes to 29 Wakefield Avenue?
There are currently no comparable homes to 29 Wakefield Avenue.
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