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Wakefield 01880
4 Renee Dr
$562,000
● House - Off Market

4 Renee Dr

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,317 Ft²
$786,328
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

A crown jewel in the desirable town of Wakefield! The main level of the home has an open-concept, seamless transition from the kitchen, dining room, and living room areas. Soak up the sun in your sunroom that lets in a plethora of natural light. This home also offers 4 large bedrooms and an expansive den/bonus room downstairs that could be used as another bedroom, playroom, or office area.  Great location for commuters- only minutes away from I-95 and Route 1. You won't want to miss out on this one!
Unit Size
2,317 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$237
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1979

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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 #72581483)

Price History

Date / Event Date Event Price
Dec 6, 2019 Sold
Premium
Sold
Oct 17, 2019 Listed by Keller Williams Realty Greater Worcester $550,000
Listed by Keller Williams Realty Greater Worcester
Jan 12, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 7
  • Basement Area: 1,150
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,469
  • Total Building Area: 2,317
  • Gross Building Area: 2,828
  • Building Area: 2,317
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,317
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • 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: 81648
  • District: 305
  • Parcel: WAKE M:00039C B:0005 P:000S14
  • Block: 5
  • Municipality: WAKEFIELD
  • Latitude: 42.5075
  • Longitude: -71.0368

    Address

  • Full Address: 4 Renee Dr
  • Address - House Number: 4
  • Address - Street Name: Renee
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1222
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $830,500

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 824,264
  • High Value: 969,092
  • Low Value: 679,436

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $738,200
  • Assessed Land Value: $406,100
  • Assessed Improvements Value: $332,100

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 192148
  • Previous Sale Recording Date: Jan 12, 2015
  • Previous Sale Amount: $330,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72581483

Frequently Asked Questions

When was property at 4 Renee Drive built and last sold?
The property at 4 Renee Drive was built in 1979 and last sold on Nov 26, 2019 for $562,000.
How much is this home worth?
The estimated value of the home located at 4 Renee Drive is $582,856.
What are some comparable homes to 4 Renee Drive?
There are currently no comparable homes to 4 Renee Drive.
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