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Wakefield 01880
36 Lake Street
$175,000
● House - Off Market

36 Lake Street

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
999,999 Ft²
$462,254
RealtyHop Estimate
172.07%
Since Jan 1, 2001
MA-Boston
Primary Model

About This Property

GREAT ALTERNATIVE TO CONDO. NEEDS TLC BUT WELL WORTH THE EFFORT. HARDWOOD FLOORS, GOOD FLOOR PLAN, WALK-OUT BASEMENT TO LARGE LEVEL YARD. NO SHOWINGS UNTIL O.H. 11/12
Unit Size
999,999 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$0
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1900

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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 years ago (MLSPIN #30460253)

Price History

Date / Event Date Event Price
Dec 19, 2000 Sold
Premium
Sold
Nov 10, 2000 Listed $169,900
Listed
Apr 14, 1994 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1945
  • Building Count: 1
  • Total Rooms: 9
  • 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: 19
  • 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: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,973
  • Total Building Area: 2,174
  • Gross Building Area: 3,708
  • Building Area: 2,174
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,174
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BW ROBINSON S
  • Land Acres: 0000000252
  • 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: 23296
  • District: 305
  • Parcel: WAKE M:000013 B:0075 P:000090
  • Block: 75
  • Municipality: WAKEFIELD
  • Latitude: 42.4976
  • Longitude: -71.0748

    Address

  • Full Address: 36 Lake St
  • Address - House Number: 36
  • Address - Street Name: Lake
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C012
  • 4-Digit Zip Code: 3127
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $804,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 801,857
  • High Value: 933,497
  • Low Value: 670,217

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $715,200
  • Assessed Land Value: $394,200
  • Assessed Improvements Value: $321,000

    Sales

  • Current Sale Recording Date: Dec 19, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 14, 1994
  • Previous Sale Amount: $120,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1933 ft²

Average Home Age

73.3 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

$4,525 /mo

  • 3 Beds
  • 2 Baths
  • 1,323 ft²
200 Quannapowitt Parkway #C1B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30460253

Frequently Asked Questions

When was property at 36 Lake Street built and last sold?
The property at 36 Lake Street was built in 1900 and last sold on Jan 1, 1970 for $175,000.
How much is this home worth?
The estimated value of the home located at 36 Lake Street is $25,127,090.
What are some comparable homes to 36 Lake Street?
There are currently no comparable homes to 36 Lake Street.
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