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Wakefield 01880
33 Wakefield Ave
$530,000
● House - Off Market

33 Wakefield Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,588 Ft²
$615,527
RealtyHop Estimate
26.91%
Since Jan 1, 2021
MA-Boston
Primary Model

About This Property

Custom built one owner ranch in fabulous downtown location, close to schools, shopping and restaurants.  Fireplaced living room features full wall bookcases and mantle.  Spacious eat in kitchen opens out to a heated sun room that overlooks a large back yard. Three bedrooms with generous closet space. Expansive walk out lower level includes baseboard heat, 1/4 bath, laundry hookups and a fireplace. On grade space ready for you to finish into a huge game room or home office. 1 car garage under and separate 2 driveways.  This well cared for diamond is ready to sparkle when it's made your own.      Offers to be reviewed Monday after 3 PM.
Unit Size
1,588 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$305
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1960

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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 #72752321)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Nov 3, 2020 Listed by RE/MAX Encore $485,000
Listed by RE/MAX Encore

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1970
  • 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: 11
  • 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: 1,562
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,073
  • Total Building Area: 1,588
  • Gross Building Area: 3,704
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: GR

Geography

  • Account Number: 35633
  • District: 305
  • Parcel: WAKE M:000018 B:0198 P:0000N1
  • Block: 198
  • Municipality: WAKEFIELD
  • Latitude: 42.5003
  • Longitude: -71.0657

    Address

  • Full Address: 33 Wakefield Ave
  • Address - House Number: 33
  • Address - Street Name: Wakefield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C038
  • 4-Digit Zip Code: 3344
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $702,500

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 698,271
  • High Value: 820,961
  • Low Value: 575,581

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $624,400
  • Assessed Land Value: $355,700
  • Assessed Improvements Value: $268,700

    Sales

  • Current Sale Contract Date: Dec 07, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1864837
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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 years

Currently For Sale

51 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,750 /mo

  • 1 Bed
  • 1 Bath
  • 783 ft²
200 Quannapowitt Parkway #A3, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72752321

Frequently Asked Questions

When was property at 33 Wakefield Avenue built and last sold?
The property at 33 Wakefield Avenue was built in 1960 and last sold on Dec 7, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 33 Wakefield Avenue is $0.
What are some comparable homes to 33 Wakefield Avenue?
There are currently no comparable homes to 33 Wakefield Avenue.
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