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Reading 01867
30 Wakefield Street
Photo of 30 Wakefield Street
Sold on Sep 5, 2025

27

Map

Photo of 30 Wakefield Street
Photo of 30 Wakefield Street
$800,000
● House - Off Market

30 Wakefield Street

Reading, MA 01867
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$4,187
Est. Monthly
6.43%
Cap Rate

About This Property

This 2,000 square foot Colonial is located on a 15,000 square foot lot in the Killam Elementary School neighborhood. The same family has owned it since 1977. The home has 4 bedrooms, 2 full baths, a traditional fire-placed living room and a 1st floor family room. An enclosed sun room offers plenty of natural light. The full basement is unfinished. Recent updates include a new heating system, vinyl siding and roof. The interior needs updating; the list price reflects its current condition. This location allows easy access to major highways. An opportunity to build equity that is not frequently found in the highly desirable Town of Reading.
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$364
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
1949

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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: 2 years ago (MLSPIN #73415840)

Price History

Date / Event Date Event Price
Sep 5, 2025 Sold
Premium
Sold
Aug 16, 2025 In contract -
In contract
Aug 9, 2025 Listed by Wilson Wolfe Real Estate $699,900
Listed by Wilson Wolfe Real Estate
Nov 3, 1995 Sold
Premium
Sold
Aug 31, 1977 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 725
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,011
  • Total Building Area: 1,922
  • Gross Building Area: 3,063
  • Building Area: 1,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,922
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000345
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Reading School District
  • School Tax School District: READING SD
  • Census Tract: 334400

Zoning

  • Zoning: S20

Geography

  • Account Number: 1460000000
  • Parcel: READ M:035.0-0000-0054.0
  • Municipality: READING
  • Latitude: 42.5379
  • Longitude: -71.0896

    Address

  • Full Address: 30 Wakefield St
  • Address - House Number: 30
  • Address - Street Name: Wakefield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Reading
  • Carrier Code: C016
  • 4-Digit Zip Code: 1851
  • Zip Code: 01867

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $889,000

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 81
  • Final Value: 831,069
  • High Value: 959,096
  • Low Value: 703,041

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $758,500
  • Assessed Land Value: $481,100
  • Assessed Improvements Value: $277,400

    Sales

  • Current Sale Recording Date: Nov 03, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 31, 1977
  • Previous Sale Amount: $47,000
  • 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 Reading

Stats & Trends

Median Asking:

$865,000

Sale Price/ft²

$456

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2135 ft²

Average Home Age

57.1 years

Currently For Sale

35 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

$4,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73415840

Frequently Asked Questions

When was property at 30 Wakefield Street built and last sold?
The property at 30 Wakefield Street was built in 1949 and last sold on Jan 1, 1970 for $75,000.
How much is this home worth?
The estimated value of the home located at 30 Wakefield Street is $715,149.
What are some comparable homes to 30 Wakefield Street?
There are currently no comparable homes to 30 Wakefield Street.
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