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Wakefield 01880
4 Preston St
Photo of 4 Preston St
Sold on Apr 11, 2008

1

Map

$302,000
● House - Off Market

4 Preston St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,646 Ft²
$658,710
RealtyHop Estimate
99.67%
Since May 1, 2008
MA-Boston
Primary Model

About This Property

Curb appeal 6 rm, 3 br ranch on a wooded/corner lot  offering a comfortable fireplaced LR/DR, hardwood floors throughout and new recessed lighting in living room.  Peach trees/ grapevine arbor in private backyard.  Short walk to Sullivan Park, downtown and Lake Quannapowitt.  Six car driveway.Garden shed.
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$200
Property Type
House
Property Taxes
$273
HOA Dues
-
Year Built
1955

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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 #70702943)

Price History

Date / Event Date Event Price
Apr 11, 2008 Sold
Premium
Sold
Jan 24, 2008 Listed $329,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 968
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,519
  • Total Building Area: 1,646
  • Gross Building Area: 1,980
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 58595
  • District: 305
  • Parcel: WAKE M:000029 B:0066 P:00021C
  • Block: 66
  • Municipality: WAKEFIELD
  • Latitude: 42.51
  • Longitude: -71.0594

    Address

  • Full Address: 4 Preston St
  • Address - House Number: 4
  • Address - Street Name: Preston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C021
  • 4-Digit Zip Code: 5114
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $710,900

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 685,161
  • High Value: 808,963
  • Low Value: 561,360

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,900
  • Assessed Land Value: $405,000
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Recording Date: Apr 11, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00058890
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

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1828 ft²

Average Home Age

65.7 years

Currently For Sale

48 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: 5 months ago
Data Source: MLS PIN, MLS# 70702943

Frequently Asked Questions

When was property at 4 Preston Street built and last sold?
The property at 4 Preston Street was built in 1955 and last sold on Jan 1, 1970 for $302,000.
How much is this home worth?
The estimated value of the home located at 4 Preston Street is $354,541.
What are some comparable homes to 4 Preston Street?
There are currently no comparable homes to 4 Preston Street.
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