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Wakefield 01880
36 Nahant St
$465,000
● House - Off Market

36 Nahant St

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
981 Ft²
$448,478
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Don't miss this opportunity to get into Wakefield at an incredible price point. This "as-is" 981 sf 4 room, 2 bed and 1 bath Colonial will allow you to build sweat equity while putting your personal stamp on the eat-in kitchen and bathroom. This cozy home is perfect if you are looking to downsize and is also a great condo alternative. The back deck overlooks a generous fenced-in, level yard and is ideal for entertaining friends and family or simply reading a book with your beverage of choice. Great location with nearby access to Downtown shops and restaurants, Breakheart Reservation and Lake Quannapowitt, as well as Routes 95, 93 and 1.
Unit Size
981 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$433
Property Type
House
Property Taxes
$479
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: 5 months ago (MLSPIN #73027358)

Price History

Date / Event Date Event Price
Sep 30, 2022 Sold
Premium
Sold
Aug 19, 2022 Listed by Leading Edge Real Estate $425,000
Listed by Leading Edge Real Estate
Nov 16, 2009 Sold
Premium
Sold
Apr 19, 2009 Listed by Leading Edge Real Estate $259,900
Listed by Leading Edge Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 670
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,854
  • Total Building Area: 981
  • Gross Building Area: 1,932
  • Building Area: 981
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 981
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • 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: 37719
  • District: 305
  • Parcel: WAKE M:000019 B:0163 P:000003
  • Block: 163
  • Municipality: WAKEFIELD
  • Latitude: 42.497
  • Longitude: -71.0667

    Address

  • Full Address: 36 Nahant St
  • Address - House Number: 36
  • Address - Street Name: Nahant
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C027
  • 4-Digit Zip Code: 3302
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $574,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.238
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 543,745
  • High Value: 673,203
  • Low Value: 414,287

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,200
  • Assessed Land Value: $341,500
  • Assessed Improvements Value: $168,700

    Sales

  • Current Sale Contract Date: Sep 21, 2022
  • Current Sale Recording Date: Sep 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 148625
  • Previous Sale Recording Date: Nov 16, 2009
  • Previous Sale Amount: $238,000
  • 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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1853 ft²

Average Home Age

70.4 years

Currently For Sale

50 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

$3,780 /mo

  • 2 Beds
  • 2 Baths
  • 1,096 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: 5 months ago
Data Source: MLS PIN, MLS# 73027358

Frequently Asked Questions

When was property at 36 Nahant Street built and last sold?
The property at 36 Nahant Street was built in 1880 and last sold on Sep 21, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 36 Nahant Street is $428,187.
What are some comparable homes to 36 Nahant Street?
There are currently no comparable homes to 36 Nahant Street.
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