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Wakefield 01880
303 Salem St
Photo of 303 Salem St
Sold on Dec 28, 2007

1

Map

$360,000
● House - Off Market

303 Salem St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,253 Ft²
$748,047
RealtyHop Estimate
96.91%
Since Jan 1, 2008
MA-Boston
Primary Model

About This Property

Lovely recently remodeled ranch on beautiful lot in nice neighborhood features new kitchen with granite countertops and ceramic tile floor; kitchen appliances are all Seimans(made by Bosch), new baths,newer roof, 1st floor laundry, central vacuum, and refinished hardwood floors. Amenities include a beautiful heated sunporch,20 x 20 concrete patio,new brick and limestone side stairs, and more.  SEE AMENITIES SHEET AT OFFICE.
Unit Size
1,253 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$303
Property Type
House
Property Taxes
$269
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: 5 months ago (MLSPIN #70644173)

Price History

Date / Event Date Event Price
Dec 28, 2007 Sold
Premium
Sold
Sep 7, 2007 Listed $379,900
Listed
Jan 19, 2007 Sold
Premium
Sold
Nov 22, 2006 Listed $317,500
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,253
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,677
  • Total Building Area: 1,253
  • Gross Building Area: 2,788
  • Building Area: 1,253
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,253
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • 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: 69631
  • District: 305
  • Parcel: WAKE M:000037 B:0039 P:0000B2
  • Block: 39
  • Municipality: WAKEFIELD
  • Latitude: 42.5145
  • Longitude: -71.0513

    Address

  • Full Address: 303 Salem St
  • Address - House Number: 303
  • Address - Street Name: Salem
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 4942
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $660,700
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 645,931
  • High Value: 752,201
  • Low Value: 539,660

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $587,300
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $224,300

    Sales

  • Current Sale Recording Date: Dec 28, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00228751
  • Previous Sale Recording Date: Jan 19, 2007
  • Previous Sale Amount: $310,000
  • 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:

$775,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2090 ft²

Average Home Age

85.2 years

Currently For Sale

45 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 months ago
Data Source: MLS PIN, MLS# 70644173

Frequently Asked Questions

When was property at 303 Salem Street built and last sold?
The property at 303 Salem Street was built in 1945 and last sold on Jan 1, 1970 for $360,000.
How much is this home worth?
The estimated value of the home located at 303 Salem Street is $390,090.
What are some comparable homes to 303 Salem Street?
There are currently no comparable homes to 303 Salem Street.
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