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Wakefield 01880
44 West Park Drive
$790,000
● House - Off Market

44 West Park Drive

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,997 Ft²
$812,771
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to 44 West Park Drive.  Located in the highly sought after west side of Wakefield, this beautiful raised ranch has everything you need and more.  The upper level consists of three bedrooms and one full bathroom.  Eat-in kitchen with granite countertops and stainless steel appliances.  Screen-in porch overlooking the backyard pool area.  Formal dining room and living room.  The lower level consists of another living room, laundry area, half bathroom and a potential fourth sleeping area/office/study.  Newer vinyl windows throughout.  Two car garage.
Unit Size
1,997 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$401
Property Type
House
Property Taxes
$657
HOA Dues
-
Year Built
1968

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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 #72974533)

Price History

Date / Event Date Event Price
Jun 10, 2022 Sold
Premium
Sold
May 1, 2022 Listed by Blue Marble Group, Inc. $799,900
Listed by Blue Marble Group, Inc.
Jun 30, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1974
  • 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: 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: 1,274
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,997
  • Gross Building Area: 3,414
  • Building Area: 1,997
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,997
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 14277
  • District: 305
  • Parcel: WAKE M:000009 B:0085 P:0000P6
  • Block: 85
  • Municipality: WAKEFIELD
  • Latitude: 42.4928
  • Longitude: -71.0799

    Address

  • Full Address: 44 W Park Dr
  • Address - House Number: 44
  • Street Direction: W
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2620
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $855,900

    Appraisal Valuation

  • Standard Deviation: 0.1772
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 840,778
  • High Value: 989,819
  • Low Value: 691,737

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $760,800
  • Assessed Land Value: $379,200
  • Assessed Improvements Value: $381,600

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 87746
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Amount: $275,000
  • 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

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72974533

Frequently Asked Questions

When was property at 44 West Park Drive built and last sold?
The property at 44 West Park Drive was built in 1968 and last sold on Jun 9, 2022 for $790,000.
How much is this home worth?
The estimated value of the home located at 44 West Park Drive is $816,970.
What are some comparable homes to 44 West Park Drive?
There are currently no comparable homes to 44 West Park Drive.
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