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Wakefield 01880
3 Marion Rd
Photo of 3 Marion Rd
Sold on Jan 18, 2007

1

Map

$444,900
● House - Off Market

3 Marion Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,648 Ft²
$857,150
RealtyHop Estimate
90.52%
Since Feb 1, 2007
MA-Boston
Primary Model

About This Property

Classic brick front Dutch Colonial on a large private lot. Front to back living room with fireplace, entertainment size dining room with built-in hutch, lovely sun room, hardwood floors, all new tilt-out windows, walkup attic with lots of potential for an additional room, newer roof, large cedar deck (26 x 12) off kitchen and a two car garage with attached shed plus plenty of parking.
Unit Size
1,648 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$273
Property Type
House
Property Taxes
$335
HOA Dues
-
Year Built
1935

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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 #70488327)

Price History

Date / Event Date Event Price
Jan 18, 2007 Sold
Premium
Sold
Nov 10, 2006 Listed $449,900
Listed
Jan 10, 1990 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 944
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,951
  • Total Building Area: 1,978
  • Gross Building Area: 3,896
  • Building Area: 1,978
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,978
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000412
  • 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: 51861
  • District: 305
  • Parcel: WAKE M:000025 B:0241 P:006D6F
  • Block: 241
  • Municipality: WAKEFIELD
  • Latitude: 42.4776
  • Longitude: -71.0708

    Address

  • Full Address: 3 Marion Rd
  • Address - House Number: 3
  • Address - Street Name: Marion
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3609
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $915,600

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 855,255
  • High Value: 1,005,528
  • Low Value: 704,982

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $813,900
  • Assessed Land Value: $404,000
  • Assessed Improvements Value: $409,900

    Sales

  • Current Sale Recording Date: Jan 18, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00012249
  • Previous Sale Recording Date: Jan 10, 1990
  • Previous Sale Amount: $145,000
  • 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:

$787,000

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

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: 4 months ago
Data Source: MLS PIN, MLS# 70488327

Frequently Asked Questions

When was property at 3 Marion Road built and last sold?
The property at 3 Marion Road was built in 1935 and last sold on Jan 1, 1970 for $444,900.
How much is this home worth?
The estimated value of the home located at 3 Marion Road is $473,085.
What are some comparable homes to 3 Marion Road?
There are currently no comparable homes to 3 Marion Road.
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