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Wakefield 01880
41 Sycamore Road
$598,500
● House - Off Market

41 Sycamore Road

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,728 Ft²
$1,056,076
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model

About This Property

Custom built expanded split entry home meticulously maintained by the original owner. Open layout great for entertaining with an oversized dining room and kitchen accented by an abundance of natural light. Extra large master bedroom/master bath with plenty of storage. The yard is set up for a garden  complete with a heated greenhouse/shed, lush landscaping, irrigation system by artesian well, perimeter hedges, custom Azek deck planters & a grape arbor!  Newer roof, central air, security, HW tank & heating system. Heated 2 car garage. Many other updates.
Unit Size
2,728 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$220
Property Type
House
Property Taxes
$566
HOA Dues
-
Year Built
1970

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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 #71800199)

Price History

Date / Event Date Event Price
May 14, 2015 Sold
Premium
Sold
Mar 11, 2015 Listed by Northrup Associates $599,900
Listed by Northrup Associates

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 2,068
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,072
  • Total Building Area: 2,728
  • Gross Building Area: 4,688
  • Building Area: 2,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000346
  • 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: 72565
  • District: 305
  • Parcel: WAKE M:000040 B:0091 P:000B23
  • Block: 91
  • Municipality: WAKEFIELD
  • Latitude: 42.5009
  • Longitude: -71.0445

    Address

  • Full Address: 41 Sycamore Rd
  • Address - House Number: 41
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3560
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $896,200

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 944,582
  • High Value: 1,111,170
  • Low Value: 777,993

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $796,600
  • Assessed Land Value: $401,700
  • Assessed Improvements Value: $394,900

    Sales

  • Current Sale Recording Date: May 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 70801

    Financing

  • First Mortgage Financing Type: ADJ
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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71800199

Frequently Asked Questions

When was property at 41 Sycamore Road built and last sold?
The property at 41 Sycamore Road was built in 1970 and last sold on Jan 1, 1970 for $598,500.
How much is this home worth?
The estimated value of the home located at 41 Sycamore Road is $642,187.
What are some comparable homes to 41 Sycamore Road?
There are currently no comparable homes to 41 Sycamore Road.
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