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Wakefield 01880
4 Oak Ave.
$515,000
● House - Off Market

4 Oak Ave.

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$742,183
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Move right in to this 3 BR/2 bath colonial less then a half mile to Greenwood train station, local coffee shops, and restaurants.  15k sq ft corner lot with a level, fenced in yard.  The first floor offers open living and dining room space, large kitchen with access to your back deck, a large 3 season front porch, and a full bath.  The second floor has 3 generous bedrooms and another full bath.  Some of the features include beautiful wood floors throughout most of the home, tons of character and detail, all of the major systems are in good working order, large driveway, and huge yard for the area with tons of potential.  Location and condition at its best.
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$371
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1920

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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 #72415705)

Price History

Date / Event Date Event Price
Nov 30, 2021 Sold
Premium
Sold
Oct 14, 2021 Listed by Keller Williams Realty Evolution $629,900
Listed by Keller Williams Realty Evolution
Nov 30, 2018 Sold
Premium
Sold
Oct 25, 2018 Listed by Keller Williams Realty Evolution $499,000
Listed by Keller Williams Realty Evolution
Jun 30, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 672
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,222
  • Total Building Area: 1,344
  • Gross Building Area: 2,312
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 16
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLANS 1965
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: SR

Geography

  • Account Number: 46480
  • District: 305
  • Parcel: WAKE M:000023 B:0246 P:048A48
  • Block: 246
  • Municipality: WAKEFIELD
  • Latitude: 42.4856
  • Longitude: -71.0649

    Address

  • Full Address: 4 Oak Ave
  • Address - House Number: 4
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3920
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $782,200

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 762,878
  • High Value: 896,919
  • Low Value: 628,836

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $695,300
  • Assessed Land Value: $382,800
  • Assessed Improvements Value: $312,500

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 259034
  • Previous Sale Recording Date: Nov 30, 2018
  • Previous Sale Amount: $515,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72415705

Frequently Asked Questions

When was property at 4 Oak Avenue built and last sold?
The property at 4 Oak Avenue was built in 1920 and last sold on Nov 30, 2021 for $690,000.
How much is this home worth?
The estimated value of the home located at 4 Oak Avenue is $627,703.
What are some comparable homes to 4 Oak Avenue?
There are currently no comparable homes to 4 Oak Avenue.
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