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Wakefield 01880
48 Whittier Rd
$315,000
● House - Off Market

48 Whittier Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$633,661
RealtyHop Estimate
66.80%
Since Aug 1, 2016
MA-Boston
Primary Model

About This Property

Calling all contractors or those looking to build sweat equity to this prime location.  Close to highways, schools, Break heart Reservation, Lake Quannapowitt and shopping/dining.  This home needs work, but is set on an 18,000+ sq.ft. lot.
Unit Size
912 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$417
Property Type
House
Property Taxes
$395
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 #72012188)

Price History

Date / Event Date Event Price
Dec 20, 2016 Sold
Premium
Sold
Jul 8, 2016 Sold
Premium
Sold
May 26, 2016 Listed by Boardwalk Real Estate $379,900
Listed by Boardwalk Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,809
  • Total Building Area: 2,073
  • Gross Building Area: 2,121
  • Building Area: 2,073
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,073
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000432
  • 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: 72160
  • District: 305
  • Parcel: WAKE M:000039 B:0009 P:000T28
  • Block: 9
  • Municipality: WAKEFIELD
  • Latitude: 42.5088
  • Longitude: -71.0473

    Address

  • Full Address: 48 Whittier Rd
  • Address - House Number: 48
  • Address - Street Name: Whittier
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 4932
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $896,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 783,284
  • High Value: 905,523
  • Low Value: 661,044

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $796,600
  • Assessed Land Value: $404,800
  • Assessed Improvements Value: $391,800

    Sales

  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 229134
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 35
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72012188

Frequently Asked Questions

When was property at 48 Whittier Road built and last sold?
The property at 48 Whittier Road was built in 1955 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 48 Whittier Road is $381,490.
What are some comparable homes to 48 Whittier Road?
There are currently no comparable homes to 48 Whittier Road.
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