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Wakefield 01880
36 Emerson Street
$928,500
● House - Off Market

36 Emerson Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,458 Ft²
$926,929
RealtyHop Estimate
3.01%
Since Apr 1, 2023
MA-Boston
Primary Model

About This Property

LOCATION LOCATION LOCATION!  We are excited to present to you this beautifully designed and fully renovated 3-bedroom, 2.5 bathroom home located just 0.2 miles from the Wakefield Train Station. This home boasts refinished hardwood floors, a partially finished basement including a side nook with laundry hookups and a large beautiful enclosed front porch. The renovated kitchen was updated with new cabinets that feature soft close hardware, a large farmhouse apron sink, and all new black stainless-steel appliances.    This home is conveniently located within walking distance to Lake Quannapowitt, Veterans Field, Spaulding Playground, Crystal Lake as well as Wakefield's robust downtown.  Other area amenities include great shopping destinations, route 95/128, and plenty public transportation.
Unit Size
2,458 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$366
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1880

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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 #73071548)

Price History

Date / Event Date Event Price
Mar 9, 2023 Sold
Premium
Sold
Jan 25, 2023 In contract -
In contract
Jan 18, 2023 Listed by GPS Real Estate, LLC $899,800
Listed by GPS Real Estate, LLC
Jun 6, 2022 Sold
Premium
Sold
Nov 26, 1986 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 880
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 1,754
  • Gross Building Area: 3,708
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Account Number: 20829
  • District: 305
  • Parcel: WAKE M:000012 B:0234 P:00020A
  • Block: 234
  • Municipality: WAKEFIELD
  • Latitude: 42.5033
  • Longitude: -71.0782

    Address

  • Full Address: 36 Emerson St
  • Address - House Number: 36
  • Address - Street Name: Emerson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2215
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $915,800

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 846,639
  • High Value: 1,047,220
  • Low Value: 646,058

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $814,000
  • Assessed Land Value: $353,000
  • Assessed Improvements Value: $461,000

    Sales

  • Current Sale Contract Date: Mar 08, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23309
  • Previous Sale Recording Date: Jun 06, 2022
  • Previous Sale Contract Date: Jun 06, 2022
  • Previous Sale Amount: $605,000
  • Previous Sale Document Type: O
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

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1889 ft²

Average Home Age

68.4 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

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, 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# 73071548

Frequently Asked Questions

When was property at 36 Emerson Street built and last sold?
The property at 36 Emerson Street was built in 1880 and last sold on Mar 8, 2023 for $928,500.
How much is this home worth?
The estimated value of the home located at 36 Emerson Street is $927,020.
What are some comparable homes to 36 Emerson Street?
There are currently no comparable homes to 36 Emerson Street.
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