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Wakefield 01880
49 Elm Street
$524,450
● House - Off Market

49 Elm Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$757,964
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

OPEN HOUSE SATURDAY 12 to 1!  If condition and location are important! Nicely restored and remodeled New England Colonial  in great West Side location, a short distance to Walton School, St. Joseph school & church, Lake Quannapowitt, and the train. This home features an updated kitchen, updated baths, first floor laundry, hardwood floors throughout, central air and a gas fireplace in living room. This home has been freshly painted inside and out within the past few years , the roof is 4 years old, and there is a good size shed. Don't wait!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$315
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1908

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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 #72559931)

Price History

Date / Event Date Event Price
Jan 7, 2020 Sold
Premium
Sold
Sep 5, 2019 Listed by Boardwalk Real Estate $529,900
Listed by Boardwalk Real Estate
Aug 29, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 731
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,660
  • Total Building Area: 1,681
  • Gross Building Area: 3,088
  • Building Area: 1,681
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,681
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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: 7069
  • District: 305
  • Parcel: WAKE M:000006 B:0188 P:00053A
  • Block: 188
  • Municipality: WAKEFIELD
  • Latitude: 42.5078
  • Longitude: -71.0835

    Address

  • Full Address: 49 Elm St
  • Address - House Number: 49
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1532
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $675,500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 700,584
  • High Value: 823,813
  • Low Value: 577,356

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,400
  • Assessed Land Value: $329,300
  • Assessed Improvements Value: $271,100

    Sales

  • Current Sale Contract Date: Jan 02, 2020
  • Current Sale Recording Date: Jan 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 2748
  • Previous Sale Recording Date: Aug 29, 1988
  • Previous Sale Amount: $162,000
  • 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

1985 ft²

Average Home Age

71.4 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72559931

Frequently Asked Questions

When was property at 49 Elm Street built and last sold?
The property at 49 Elm Street was built in 1908 and last sold on Jan 2, 2020 for $524,450.
How much is this home worth?
The estimated value of the home located at 49 Elm Street is $550,541.
What are some comparable homes to 49 Elm Street?
There are currently no comparable homes to 49 Elm Street.
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