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Wakefield 01880
41 Eustis Ave
$609,900
● House - Off Market

41 Eustis Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,023 Ft²
$599,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Outstanding location for this Royal Barry Wills Cape Cod style home. Top of the hill in one of Wakefield's best West Side neighborhoods. Near Lake Quannapowitt, playground, park, ball field, town center (shops, pubs and eateries) and commuter rail. Walton Elementary school is just around the corner. This home is in need of rehab. Bring your contractor. Great investment opportunity in area of more expensive homes. Features front to back living room with fireplace, first floor main bedroom and bathroom, partial rear dormer on 2nd level for added room space with bedroom fireplace, screened room, oak hardwood floors & oversized one car garage. Loads of additional storage in the basement with a front to back family room with a wood stove. Updated Weil McLain Gold boiler and separate booster water tank.
Unit Size
2,023 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$297
Property Type
House
Property Taxes
$627
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: 4 months ago (MLSPIN #73159259)

Price History

Date / Event Date Event Price
Nov 7, 2023 Sold
Premium
Sold
Sep 23, 2023 In contract -
In contract
Sep 13, 2023 Listed by Joe Bean Real Estate $599,900
Listed by Joe Bean Real Estate
Nov 18, 2014 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1967
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,250
  • Total Building Area: 2,023
  • Gross Building Area: 3,430
  • Building Area: 2,023
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,023
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000235
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: SR

Geography

  • Account Number: 6656
  • District: 305
  • Parcel: WAKE M:000006 B:0174 P:000060
  • Block: 174
  • Municipality: WAKEFIELD
  • Latitude: 42.5061
  • Longitude: -71.0857

    Address

  • Full Address: 41 Eustis Ave
  • Address - House Number: 41
  • Address - Street Name: Eustis
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1546
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $779,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 749,223
  • High Value: 888,660
  • Low Value: 609,786

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $692,800
  • Assessed Land Value: $381,700
  • Assessed Improvements Value: $311,100

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Nov 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 127548
  • Previous Sale Recording Date: Nov 18, 2014
  • Previous Sale Amount: $375,900
  • 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:

$782,450

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1876 ft²

Average Home Age

66.7 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

Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, 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# 73159259

Frequently Asked Questions

When was property at 41 Eustis Avenue built and last sold?
The property at 41 Eustis Avenue was built in 1955 and last sold on Nov 7, 2023 for $609,900.
How much is this home worth?
The estimated value of the home located at 41 Eustis Avenue is $626,663.
What are some comparable homes to 41 Eustis Avenue?
There are currently no comparable homes to 41 Eustis Avenue.
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