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Wakefield 01880
4 Lee St
Photo of 4 Lee St
Sold on Aug 4, 2010

1

Map

$407,500
● House - Off Market

4 Lee St

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,878 Ft²
$860,248
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Pristine, warm and inviting Colonial on quiet side street. Almost everything has been updated. Furnace 2009, hot water tank 2009, most windows roof and siding 2004, kitchen 2005, carpet 2009, fenced yard 2006.  This truly is a move in home with beautiful flow and plenty of character.  Exit the slider off the dining room and relax on the private patio.  Close to public transportation.  The living area does not include the finished third floor.
Unit Size
1,878 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$224
Property Type
House
Property Taxes
$299
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: 2 years ago (MLSPIN #71096679)

Price History

Date / Event Date Event Price
Mar 5, 2021 Sold
Premium
Sold
Dec 18, 2020 Listed $589,999
Listed
Aug 4, 2010 Sold
Premium
Sold
Jun 16, 2010 Listed $419,900
Listed

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 7
  • 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: 532
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,020
  • Total Building Area: 1,878
  • Gross Building Area: 3,002
  • Building Area: 1,878
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,878
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD PARK
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 47909
  • District: 305
  • Parcel: WAKE M:000024 B:0039 P:000268
  • Block: 39
  • Municipality: WAKEFIELD
  • Latitude: 42.4819
  • Longitude: -71.0611

    Address

  • Full Address: 4 Lee St
  • Address - House Number: 4
  • Address - Street Name: Lee
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3912
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $688,700

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 712,016
  • High Value: 840,529
  • Low Value: 583,504

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $612,200
  • Assessed Land Value: $309,700
  • Assessed Improvements Value: $302,500

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 49957
  • Previous Sale Recording Date: Aug 04, 2010
  • Previous Sale Amount: $407,500
  • 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:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2020 ft²

Average Home Age

70.6 years

Currently For Sale

47 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: 2 years ago
Data Source: MLS PIN, MLS# 71096679

Frequently Asked Questions

When was property at 4 Lee Street built and last sold?
The property at 4 Lee Street was built in 1900 and last sold on Mar 5, 2021 for $590,000.
How much is this home worth?
The estimated value of the home located at 4 Lee Street is $0.
What are some comparable homes to 4 Lee Street?
There are currently no comparable homes to 4 Lee Street.
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