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Wakefield 01880
35 Bennett Street
Photo of 35 Bennett Street
Sold on Nov 15, 2005

1

Map

$345,000
● House - Off Market

35 Bennett Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,627 Ft²
$606,437
RealtyHop Estimate
78.42%
Since Dec 1, 2005
MA-Boston
Primary Model

About This Property

General Residence zoning gives potential opportunity for a two family conversion of this solid New England colonial. Presently a single family this comfortable home on a quiet side street near schools and transportation has front and back staircases, newer therm. windows and cen vac. Potential for 2nd floor bath. Fully insulated walk-up attic has office and a large storage area which could be a finished room. Step out from deck to partially fenced and private backyard. Home Warranty.
Unit Size
1,627 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$209
Property Type
House
Property Taxes
$242
HOA Dues
-
Year Built
1920

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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: 4 months ago (MLSPIN #70226312)

Price History

Date / Event Date Event Price
Nov 15, 2005 Sold
Premium
Sold
Jul 15, 2005 Listed $339,900
Listed
Apr 19, 1994 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,673
  • Total Building Area: 1,566
  • Gross Building Area: 2,980
  • Building Area: 1,566
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,566
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000153
  • 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: 36273
  • District: 305
  • Parcel: WAKE M:000018 B:0025 P:000062
  • Block: 25
  • Municipality: WAKEFIELD
  • Latitude: 42.4993
  • Longitude: -71.0655

    Address

  • Full Address: 35 Bennett St
  • Address - House Number: 35
  • Address - Street Name: Bennett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3307
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $699,500

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 688,753
  • High Value: 816,936
  • Low Value: 560,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $621,800
  • Assessed Land Value: $350,700
  • Assessed Improvements Value: $271,100

    Sales

  • Current Sale Recording Date: Nov 15, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00252517
  • Previous Sale Recording Date: Apr 19, 1994
  • Previous Sale Amount: $146,000
  • 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:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2020 ft²

Average Home Age

70.6 years

Currently For Sale

47 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

$2,625 /mo

  • 1 Bed
  • 1 Bath
  • 611 ft²
200 Quannapowitt Parkway #A12, 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# 70226312

Frequently Asked Questions

When was property at 35 Bennett Street built and last sold?
The property at 35 Bennett Street was built in 1920 and last sold on Jan 1, 1970 for $345,000.
How much is this home worth?
The estimated value of the home located at 35 Bennett Street is $367,245.
What are some comparable homes to 35 Bennett Street?
There are currently no comparable homes to 35 Bennett Street.
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