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Wakefield 01880
42 Richardson St
$641,000
● House - Off Market

42 Richardson St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,225 Ft²
$619,614
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Looking for a house that is move in ready? Be sure to check out this wonderful home with 3 bedrooms, generous living room, dining room and kitchen with 1.5 baths, a large heated enclosed front porch and brick patio out back. The warmth of this home comes from the many charming details of a time gone by combined with nice updates for modern living. There is a deep yard big enough to garden, entertain and enjoy lawn games! It is very likely your car will spend more time in the driveway than on the road as this home is incredibly well located less than 1 mile to everything you need! Very close to supermarket, MANY shops, restaurants, the Library, Lake Quannapowitt, seasonal Farmers Market, bus, commuter rail and more. Make your appointment to see this great home today!
Unit Size
1,225 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$473
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72926477)

Price History

Date / Event Date Event Price
Feb 8, 2022 Sold
Premium
Sold
Dec 8, 2021 Listed by North Star Realtors LLC $579,900
Listed by North Star Realtors LLC
Jun 27, 2014 Sold
Premium
Sold
May 9, 2014 Listed by North Star Realtors LLC $384,900
Listed by North Star Realtors LLC
Jan 30, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 700
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,642
  • Total Building Area: 1,225
  • Gross Building Area: 2,215
  • Building Area: 1,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,225
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUFUS SARGENT
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: GR

Geography

  • Account Number: 36134
  • District: 305
  • Parcel: WAKE M:000018 B:0054 P:000045
  • Block: 54
  • Municipality: WAKEFIELD
  • Latitude: 42.4999
  • Longitude: -71.0649

    Address

  • Full Address: 42 Richardson St
  • Address - House Number: 42
  • Address - Street Name: Richardson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C038
  • 4-Digit Zip Code: 3323
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $689,700

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 680,089
  • High Value: 802,838
  • Low Value: 557,339

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,100
  • Assessed Land Value: $352,000
  • Assessed Improvements Value: $261,100

    Sales

  • Current Sale Contract Date: Feb 08, 2022
  • Current Sale Recording Date: Feb 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 21288
  • Previous Sale Recording Date: Jun 27, 2014
  • Previous Sale Amount: $400,000
  • 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:

$775,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1986 ft²

Average Home Age

82.5 years

Currently For Sale

47 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

$4,125 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 72926477

Frequently Asked Questions

When was property at 42 Richardson Street built and last sold?
The property at 42 Richardson Street was built in 1900 and last sold on Feb 8, 2022 for $641,000.
How much is this home worth?
The estimated value of the home located at 42 Richardson Street is $575,818.
What are some comparable homes to 42 Richardson Street?
There are currently no comparable homes to 42 Richardson Street.
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