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Wakefield 01880
4 Andrews Rd
$720,000
● House - Off Market

4 Andrews Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,769 Ft²
$4,378
Est. Monthly

About This Property

Best Value!  Bring your decorating ideas to this Split Entry Ranch located in much desired Montrose subdivision ! 8 Rooms, 3 Bedrooms, 3 Baths. Two fireplaces. Hardwood floors. Granite counter eat in kitchen. Formal diningroom. Beautiful sunroom with cathedral ceiling and skylights off kitchen. Main bedroom has en suite half bath. Lower level offers familyroom with fireplace, bathroom and a home office. There is a large unfinished space with exterior access offering in law or accessory living quarters possibilities. One car garage. Same owner has lovingly cared for this home for 50+ years and it now awaits cosmetics. You'll fall in love with this neighborhood and build instant equity!  Most recent sale on Andrews Rd was for $1M+ . Easy access to highway, MarketStreet Lynnfield and all of Wakefield's amenities.
Unit Size
1,769 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$424
Property Type
House
Property Taxes
$695
HOA Dues
-
Year Built
1966

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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 #73275310)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Sep 1, 2024 In contract -
In contract
Aug 21, 2024 Price Decreased $749,900
↓ $50K (6.3%)
Price Decreased
Aug 13, 2024 Price Increased $799,900
↑ $50K (6.7%)
Price Increased
Aug 8, 2024 Listed by Boardwalk Real Estate $749,900
Listed by Boardwalk Real Estate
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,898
  • Total Building Area: 1,769
  • Gross Building Area: 2,684
  • Building Area: 1,769
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,769
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 72311
  • District: 305
  • Parcel: WAKE M:000039 B:0029 P:0000M5
  • Block: 29
  • Municipality: WAKEFIELD
  • Latitude: 42.5097
  • Longitude: -71.0498

    Address

  • Full Address: 4 Andrews Rd
  • Address - House Number: 4
  • Address - Street Name: Andrews
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 4953
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $834,400

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 809,603
  • High Value: 942,801
  • Low Value: 676,405

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $741,700
  • Assessed Land Value: $399,900
  • Assessed Improvements Value: $341,800

    Sales

  • Current Sale Recording Date: Mar 01, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 28481
  • Previous Sale Recording Date: Jan 03, 2018
  • Previous Sale Amount: $1,905,000
  • 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:

$787,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73275310

Frequently Asked Questions

When was property at 4 Andrews Road built and last sold?
The property at 4 Andrews Road was built in 1966 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Andrews Road is $763,631.
What are some comparable homes to 4 Andrews Road?
There are currently no comparable homes to 4 Andrews Road.
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