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Wakefield 01880
43 Cedar St
$462,000
● House - Off Market

43 Cedar St

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$702,970
RealtyHop Estimate
53.15%
Since Mar 1, 2018
MA-Boston
Primary Model

About This Property

COMMUTERS DREAM! Charming and well located 2 bedroom colonial on the WEST SIDE. Inviting foyer with pretty staircase opens on the left to the living room which opens nicely to great size dining room off kitchen with a large pantry and provides a nice flow for entertaining. A good size mudroom on the first floor is great for storage. Both the master bedroom and second bedroom are spacious as is the second floor full bath. Outside you'll find a level yard with plenty of green space where you can grill and entertain, a detached garage and plenty of parking in the driveway. Just .3 miles from commuter rail 137 bus, Seasonal Farmers Market at beautiful Lake Quannapowitt and less than one mile to 136 bus, Downtown Wakefield! Short ride to hop on to the highway.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$383
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1932

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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: 5 months ago (MLSPIN #72269653)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Premium
Sold
Sep 13, 2021 Listed by North Star Realtors LLC $499,900
Listed by North Star Realtors LLC
Feb 28, 2018 Sold
Premium
Sold
Jan 10, 2018 Listed by North Star Realtors LLC $459,000
Listed by North Star Realtors LLC
Dec 24, 2013 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 674
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,951
  • Total Building Area: 1,200
  • Gross Building Area: 2,022
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Account Number: 9531
  • District: 305
  • Parcel: WAKE M:000007 B:0049 P:00070A
  • Block: 49
  • Municipality: WAKEFIELD
  • Latitude: 42.5026
  • Longitude: -71.0802

    Address

  • Full Address: 43 Cedar St
  • Address - House Number: 43
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2244
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,200

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 631,326
  • High Value: 745,400
  • Low Value: 517,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,600
  • Assessed Land Value: $323,100
  • Assessed Improvements Value: $241,500

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 232932
  • Previous Sale Recording Date: Feb 28, 2018
  • Previous Sale Amount: $462,000
  • 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:

$774,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2106 ft²

Average Home Age

82.1 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 843 ft²
200 Quannapowitt Parkway #A5aP, 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# 72269653

Frequently Asked Questions

When was property at 43 Cedar Street built and last sold?
The property at 43 Cedar Street was built in 1932 and last sold on Oct 22, 2021 for $560,000.
How much is this home worth?
The estimated value of the home located at 43 Cedar Street is $506,709.
What are some comparable homes to 43 Cedar Street?
There are currently no comparable homes to 43 Cedar Street.
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