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Wakefield 01880
30 Butternut Road
$1,388,000
● House - Off Market

30 Butternut Road

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,898 Ft²
$1,590,243
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model

About This Property

Not to be missed or outdone!  This 1997 colonial is an active families dream home! Located on a beautiful cul-de-sac, one enters into a grand foyer with tiled floor, curved staircase and soaring ceiling. The details and charm continue throughout with a formal living room with wainscoting, a family room with soaring ceilings and marble-surround fireplace, and so much more. A truly fantastic home that checks off all the boxes for even the most particular of buyers; providing all of today's wants & needs including; a finished basement currently with a game room, media room and gym!  Outside, a fenced-in yard so large that it has a patio, pool, batting cage, pitching mound, multiple sheds and still plenty of green grass.
Unit Size
4,898 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$286
Property Type
House
Property Taxes
$1,056
HOA Dues
-
Year Built
1997

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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 years ago (MLSPIN #72829549)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
May 12, 2021 Listed by Compass $1,400,000
Listed by Compass
May 15, 1997 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,803
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 19,088
  • Total Building Area: 4,743
  • Gross Building Area: 7,417
  • Building Area: 4,743
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,743
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BUTTERNUT ROAD EXT
  • Land Acres: 0000000438
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 89914
  • District: 305
  • Parcel: WAKE M:000039 B:111B P:000B65
  • Block: 111B
  • Municipality: WAKEFIELD
  • Latitude: 42.5057
  • Longitude: -71.0526

    Address

  • Full Address: 30 Butternut Rd
  • Address - House Number: 30
  • Address - Street Name: Butternut
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 5134
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,428,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 1,477,164
  • High Value: 1,739,014
  • Low Value: 1,215,314

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,269,300
  • Assessed Land Value: $381,800
  • Assessed Improvements Value: $887,500

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 204990
  • Previous Sale Recording Date: May 15, 1997
  • Previous Sale Amount: $448,000
  • 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72829549

Frequently Asked Questions

When was property at 30 Butternut Road built and last sold?
The property at 30 Butternut Road was built in 1997 and last sold on Sep 15, 2021 for $1,388,000.
How much is this home worth?
The estimated value of the home located at 30 Butternut Road is $1,453,142.
What are some comparable homes to 30 Butternut Road?
There are currently no comparable homes to 30 Butternut Road.
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