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Wakefield 01880
49 Oak St
Photo of 49 Oak St
Sold on Apr 30, 2025

34

Map

Photo of 49 Oak St
Photo of 49 Oak St
$735,000
● House - Off Market

49 Oak St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,411 Ft²
$3,970
Est. Monthly
4.73%
Cap Rate

About This Property

Wonderful Greenwood ranch has been in the same family for generations and is now waiting for new owners! This well maintained home offers hardwood floors, a fireplaced livingroom, 3 bedrooms and a finished, heated lower level which could be transformed simply with some paint and new flooring. Lovely attached sun room off eat in kitchen. If you're looking for a nice yard, you'd be hard pressed to find a better one than this! Large, level and spacious, over quarter acre lot. Plenty of room to roam for kids, pets, gardeners, etc. Also room to add on.  Conveniently located near commuter rail to Boston (Greenwood Station) and bus line to Oak Grove.  .
Unit Size
1,411 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$489
Property Type
House
Property Taxes
$582
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: 2 years ago (MLSPIN #73345102)

Price History

Date / Event Date Event Price
Apr 30, 2025 Sold
Premium
Sold
Mar 18, 2025 In contract -
In contract
Mar 13, 2025 Listed $689,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,693
  • Total Building Area: 1,411
  • Gross Building Area: 2,236
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,411
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 45196
  • District: 305
  • Parcel: WAKE M:000023 B:0121 P:0000M3
  • Block: 121
  • Municipality: WAKEFIELD
  • Latitude: 42.4855
  • Longitude: -71.0632

    Address

  • Full Address: 49 Oak St
  • Address - House Number: 49
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3917
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $660,000

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 697,242
  • High Value: 811,954
  • Low Value: 582,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,700
  • Assessed Land Value: $381,600
  • Assessed Improvements Value: $205,100
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 73345102

Frequently Asked Questions

When was property at 49 Oak Street built and last sold?
The property at 49 Oak Street was built in 1955 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 49 Oak Street is $0.
What are some comparable homes to 49 Oak Street?
There are currently no comparable homes to 49 Oak Street.
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