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Wakefield 01880
31 Ledgewood Rd
$519,900
● House - Off Market

31 Ledgewood Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,309 Ft²
$810,232
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

LOCATION & PRIVACY IS KEY!  This lovingly maintained (ORIGINAL OWNER !)  SPLIT is nestled on 1.46 ACRES at the very end of a dead end street in the DESIRABLE Montrose area. Features include a LARGE eat in Kitchen, Fireplace & Cathedral Ceiling Living room, AWESOME Family room with Cathedral Ceiling leading to a private side yard. Relax in the HOT TUB overlooking the garden or work in your very own potting shed!  Lower level offers good space for an additional bedroom /bonus room, full tiled bath with JACUZZI along with a small office and laundry room. Oversized 1 car garage houses a brand new 275 gal oil tank, Full stand up height attic for additional storage.  Roof 2008, Boiler 2004, Hot Water Tank 2013, Hot Tub 2012.
Unit Size
2,309 Ft²
Days on Market
-
Land Size
1.46 acres
Price per sqft
$225
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1985

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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: 4 months ago (MLSPIN #72200410)

Price History

Date / Event Date Event Price
Sep 19, 2017 Sold
Premium
Sold
Jul 19, 2017 Listed by Century 21 Commonwealth $519,900
Listed by Century 21 Commonwealth
Oct 24, 1984 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,144
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,801
  • Total Building Area: 2,309
  • Gross Building Area: 3,072
  • Building Area: 2,309
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,309
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • 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: 80611
  • District: 305
  • Parcel: WAKE M:00039B B:0099 P:000B11
  • Block: 99
  • Municipality: WAKEFIELD
  • Latitude: 42.5039
  • Longitude: -71.049

    Address

  • Full Address: 31 Ledgewood Rd
  • Address - House Number: 31
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3526
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $847,700

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 834,456
  • High Value: 981,075
  • Low Value: 687,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $753,500
  • Assessed Land Value: $381,000
  • Assessed Improvements Value: $372,500

    Sales

  • Current Sale Recording Date: Sep 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 151849
  • Previous Sale Recording Date: Oct 24, 1984
  • Previous Sale Amount: $15,000
  • 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:

$787,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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: 4 months ago
Data Source: MLS PIN, MLS# 72200410

Frequently Asked Questions

When was property at 31 Ledgewood Road built and last sold?
The property at 31 Ledgewood Road was built in 1985 and last sold on Jan 1, 1970 for $519,900.
How much is this home worth?
The estimated value of the home located at 31 Ledgewood Road is $556,408.
What are some comparable homes to 31 Ledgewood Road?
There are currently no comparable homes to 31 Ledgewood Road.
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