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Wakefield 01880
36 Preston Street
Photo of 36 Preston Street
Sold on Sep 16, 2008

1

Map

$342,000
● House - Off Market

36 Preston Street

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,036 Ft²
$683,665
RealtyHop Estimate
101.14%
Since Oct 1, 2008
MA-Boston
Primary Model

About This Property

If move in condition is what you are looking for, look no further! Two good sized bedrooms fireplaced living room, dining area which allows for a great country kitchen, maple cabinets, updated appliances and gleaming hardwood floors.Lower level has three separate areas i.e.,childrens,family room,& office/work out area. Half bath on lower level.Furnance,hot water heater,roof & electric all new or updated within last 8 yrs.,Central air,alarm syst.,ingrd.sprinkler,fenced yd. Move-in cond.
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$328
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1958

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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 #70795884)

Price History

Date / Event Date Event Price
Sep 16, 2008 Sold
Premium
Sold
Jul 22, 2008 Listed $339,900
Listed
Jan 28, 2000 Sold
Premium
Sold
Nov 23, 1999 Listed $229,900
Listed

Property Highlights

Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,028
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,830
  • Total Building Area: 2,005
  • Gross Building Area: 2,236
  • Building Area: 2,005
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,005
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 57509
  • District: 305
  • Parcel: WAKE M:000029 B:0117 P:00B63A
  • Block: 117
  • Municipality: WAKEFIELD
  • Latitude: 42.508
  • Longitude: -71.0591

    Address

  • Full Address: 36 Preston St
  • Address - House Number: 36
  • Address - Street Name: Preston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C021
  • 4-Digit Zip Code: 5118
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $719,100

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 705,363
  • High Value: 815,599
  • Low Value: 595,127

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $639,200
  • Assessed Land Value: $352,300
  • Assessed Improvements Value: $286,900

    Sales

  • Current Sale Recording Date: Sep 16, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00152205
  • Previous Sale Recording Date: Jan 28, 2000
  • Previous Sale Amount: $228,000
  • 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 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# 70795884

Frequently Asked Questions

When was property at 36 Preston Street built and last sold?
The property at 36 Preston Street was built in 1958 and last sold on Jan 1, 1970 for $342,000.
How much is this home worth?
The estimated value of the home located at 36 Preston Street is $350,238.
What are some comparable homes to 36 Preston Street?
There are currently no comparable homes to 36 Preston Street.
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