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Wakefield 01880
4 Wolcott St
$500,000
● House - Off Market

4 Wolcott St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,406 Ft²
$617,281
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Classic Cape Cod, near the LAKE and convenient to the Major routes. Recently painted and the hardwood floors have just  been refinished and are gleaming. Featuring an open front to back Kitchen with breakfast bar and dining area, Fireplaced Living room with hardwood floors, a step down 1st floor family room, a 1st floor bedroom and  full bath. A level lot with a paved patio and a large deck. Located on a dead end street, this is a very nice opportunity to get into Wakefield and enjoy all it has to offer.
Unit Size
1,406 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$331
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1942

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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 #72681309)

Price History

Date / Event Date Event Price
Aug 10, 2020 Sold
Premium
Sold
Jun 26, 2020 Listed by Barrett, Chris. J., REALTORS® $465,000
Listed by Barrett, Chris. J., REALTORS®
Nov 22, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 712
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,406
  • Gross Building Area: 2,276
  • Building Area: 1,406
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,406
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 4511
  • District: 305
  • Parcel: WAKE M:000005 B:0087 P:000QSA
  • Block: 87
  • Municipality: WAKEFIELD
  • Latitude: 42.5123
  • Longitude: -71.0849

    Address

  • Full Address: 4 Wolcott St
  • Address - House Number: 4
  • Address - Street Name: Wolcott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C017
  • 4-Digit Zip Code: 1528
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,400

    Appraisal Valuation

  • Standard Deviation: 0.1686
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 650,273
  • High Value: 759,920
  • Low Value: 540,625

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,700
  • Assessed Land Value: $362,900
  • Assessed Improvements Value: $218,800

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133711
  • Previous Sale Recording Date: Nov 22, 1999
  • Previous Sale Amount: $211,000
  • 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

$450

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1985 ft²

Average Home Age

71.4 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

$3,620 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72681309

Frequently Asked Questions

When was property at 4 Wolcott Street built and last sold?
The property at 4 Wolcott Street was built in 1942 and last sold on Jul 30, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 4 Wolcott Street is $483,985.
What are some comparable homes to 4 Wolcott Street?
There are currently no comparable homes to 4 Wolcott Street.
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