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Wakefield 01880
34 Park Avenue
Photo of 34 Park Avenue
Sold on Jul 23, 2009

1

Map

$625,000
● House - Off Market

34 Park Avenue

Wakefield, MA 01880
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$1,334,266
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Gracious Victorian Colonial in excellent Park Avenue location is situated on the West Side just a short walk from Walton School, St. Joseph's Church, Temple Emmanuel, and the commuter rail. This home is reminiscent of a time when homes of great quality and character were built in this section of town. Current long term owners have substantially updated this home while retaining the original flavor of the many period details it still retains. This home is in move in condition!
Unit Size
2,700 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$241
Property Type
House
Property Taxes
$472
HOA Dues
-
Year Built
1890

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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 #70888141)

Price History

Date / Event Date Event Price
Jul 23, 2009 Sold
Premium
Sold
Mar 14, 2009 Listed $649,900
Listed
Mar 2, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,036
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,288
  • Total Building Area: 2,409
  • Gross Building Area: 5,136
  • Building Area: 2,409
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,409
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000328
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: SR

Geography

  • Account Number: 9620
  • District: 305
  • Parcel: WAKE M:000007 B:0006 P:00110+
  • Block: 6
  • Municipality: WAKEFIELD
  • Latitude: 42.4997
  • Longitude: -71.088

    Address

  • Full Address: 34 Park Ave
  • Address - House Number: 34
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C037
  • 4-Digit Zip Code: 2176
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,308,300

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 1,127,034
  • High Value: 1,376,770
  • Low Value: 877,298

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,162,900
  • Assessed Land Value: $421,600
  • Assessed Improvements Value: $741,300

    Sales

  • Current Sale Recording Date: Jul 23, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00143622
  • Previous Sale Recording Date: Mar 02, 1987
  • 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:

$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

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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70888141

Frequently Asked Questions

When was property at 34 Park Avenue built and last sold?
The property at 34 Park Avenue was built in 1890 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 34 Park Avenue is $654,640.
What are some comparable homes to 34 Park Avenue?
There are currently no comparable homes to 34 Park Avenue.
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