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Wakefield 01880
5 Eastern Ave
Photo of 5 Eastern Ave
Sold on Jun 24, 2011

1

Map

$434,000
● House - Off Market

5 Eastern Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$904,231
RealtyHop Estimate
105.55%
Since Jul 1, 2011
MA-Boston
Primary Model

About This Property

Move right in!!! Spacious dormered Cape with open floor plan located in the desirable Dolbeare school district.  First floor features hw floors, fp living room, Large kitchen leading to dining area and family room. 3 large bedrooms and updated baths make this home a must see. Meticulous landscaping with level lot, newer patio and walkway with detached garage. Plenty of storage in basement including a 25x14 unfinished bonus room. Short walk to lake, minutes to highway and commuter rail.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$259
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1939

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71221644)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
Jun 24, 2011 Sold
Premium
Sold
Apr 25, 2011 Listed by Renaissance REALTORS® $439,900
Listed by Renaissance REALTORS®
May 2, 2007 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,136
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,289
  • Total Building Area: 1,676
  • Gross Building Area: 3,092
  • Building Area: 1,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATES MARY E ABORN & NANCY W
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 26948
  • District: 305
  • Parcel: WAKE M:000015 B:0133 P:000W50
  • Block: 133
  • Municipality: WAKEFIELD
  • Latitude: 42.5143
  • Longitude: -71.0668

    Address

  • Full Address: 5 Eastern Ave
  • Address - House Number: 5
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1824
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $889,800

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 728,773
  • High Value: 867,157
  • Low Value: 590,389

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $790,900
  • Assessed Land Value: $427,300
  • Assessed Improvements Value: $363,600

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100861
  • Previous Sale Recording Date: Jun 24, 2011
  • Previous Sale Amount: $434,000
  • 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:

$779,450

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1843 ft²

Average Home Age

59.2 years

Currently For Sale

43 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

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 962 ft²
200 Quannapowitt Parkway #A8, 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# 71221644

Frequently Asked Questions

When was property at 5 Eastern Avenue built and last sold?
The property at 5 Eastern Avenue was built in 1939 and last sold on Jun 30, 2022 for $434,000.
How much is this home worth?
The estimated value of the home located at 5 Eastern Avenue is $461,212.
What are some comparable homes to 5 Eastern Avenue?
There are currently no comparable homes to 5 Eastern Avenue.
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