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Wakefield 01880
3 Western Ave
Photo of 3 Western Ave
Sold on Jul 16, 2026

35

Map

Photo of 3 Western Ave
Photo of 3 Western Ave
$806,000
● House - Off Market

3 Western Ave

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,213 Ft²
$4,510
Est. Monthly

About This Property

More than meets the eyes, this classic 4 bedroom cape is loaded with improvements and features that are almost too numerous and hard to find.  Beautifully appointed  living space that flows from room to room, offering convenient one level living along with additional space for the entire family.  Choose your bedroom options between the 2 first floor bedrooms and the 2 second floor bedrooms, which can easily be repurposed.  Let's tie a bow on this impressive charmer by claiming it's premiere West Side location, a true gem that we don't see very often.
Unit Size
2,213 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$357
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1945

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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: 3 months ago (MLSPIN #73502303)

Price History

Date / Event Date Event Price
Jul 16, 2026 Sold
Premium
Sold
Apr 22, 2026 In contract -
In contract
Apr 15, 2026 Listed by Coldwell Banker Realty - Lynnfield $790,000
Listed by Coldwell Banker Realty - Lynnfield
Jan 25, 2007 Sold
Premium
Sold
Oct 23, 2006 Listed by Coldwell Banker Realty - Lynnfield $369,900
Listed by Coldwell Banker Realty - Lynnfield

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 1,164
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,957
  • Total Building Area: 1,400
  • Gross Building Area: 3,602
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: SR

Geography

  • Account Number: 7333
  • District: 305
  • Parcel: WAKE M:000006 B:0209 P:0014EH
  • Block: 209
  • Municipality: WAKEFIELD
  • Latitude: 42.5083
  • Longitude: -71.0842

    Address

  • Full Address: 3 Western Ave
  • Address - House Number: 3
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1542
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $697,100

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 687,695
  • High Value: 808,657
  • Low Value: 566,734

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,600
  • Assessed Land Value: $352,400
  • Assessed Improvements Value: $267,200

    Sales

  • Current Sale Recording Date: Apr 24, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 55752
  • Previous Sale Recording Date: Jan 25, 2007
  • Previous Sale Amount: $360,000
  • 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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 3 months ago
Data Source: MLS PIN, MLS# 73502303

Frequently Asked Questions

When was property at 3 Western Avenue built and last sold?
The property at 3 Western Avenue was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Western Avenue is $801,725.
What are some comparable homes to 3 Western Avenue?
There are currently no comparable homes to 3 Western Avenue.
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