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Wakefield 01880
3 Washington Ave
$686,000
● House - Off Market

3 Washington Ave

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,942 Ft²
$1,331,124
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Classically well appointed 6 year old Center Entrance Colonial in convenient section of Greenwood offers 3 fully finished floors, 3.5 baths, lots of hardwood flooring, central a/c, Maple Kitchen with Granite counter tops, private lot abutting 10 acres+- conservation woods. This home is immaculate and shows extremely well. When showing, be certain to wipe feet thoroughly upon entering and before walking on white carpet.
Unit Size
2,942 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$233
Property Type
House
Property Taxes
$628
HOA Dues
-
Year Built
2007

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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: 5 months ago (MLSPIN #71497595)

Price History

Date / Event Date Event Price
May 17, 2013 Sold
Premium
Sold
Mar 22, 2013 Listed by Boardwalk Real Estate $685,000
Listed by Boardwalk Real Estate
Oct 11, 2007 Sold
Premium
Sold
Feb 20, 2007 Listed by Boardwalk Real Estate $714,900
Listed by Boardwalk Real Estate
Oct 3, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 7
  • Basement Area: 1,586
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,601
  • Total Building Area: 2,942
  • Gross Building Area: 5,290
  • Building Area: 2,942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,942
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000542
  • 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: 51941
  • District: 305
  • Parcel: WAKE M:000026 B:0079 P:000002
  • Block: 79
  • Municipality: WAKEFIELD
  • Latitude: 42.4761
  • Longitude: -71.075

    Address

  • Full Address: 3 Washington Ave
  • Address - House Number: 3
  • Address - Street Name: Washington
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3647
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,243,700

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,218,115
  • High Value: 1,434,044
  • Low Value: 1,002,185

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,105,500
  • Assessed Land Value: $384,600
  • Assessed Improvements Value: $720,900

    Sales

  • Current Sale Recording Date: May 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000010
  • Previous Sale Recording Date: Oct 11, 2007
  • Previous Sale Amount: $697,000
  • 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:

$782,450

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1828 ft²

Average Home Age

65.7 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

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: 5 months ago
Data Source: MLS PIN, MLS# 71497595

Frequently Asked Questions

When was property at 3 Washington Avenue built and last sold?
The property at 3 Washington Avenue was built in 2007 and last sold on Jan 1, 1970 for $686,000.
How much is this home worth?
The estimated value of the home located at 3 Washington Avenue is $724,694.
What are some comparable homes to 3 Washington Avenue?
There are currently no comparable homes to 3 Washington Avenue.
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