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Wakefield 01880
5 Hancock Road
Photo of 5 Hancock Road
Sold on Mar 17, 2010

1

Map

$372,000
● House - Off Market

5 Hancock Road

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,097 Ft²
$769,311
RealtyHop Estimate
108.49%
Since Apr 1, 2010
MA-Boston
Primary Model

About This Property

Exceptionally maintained ranch style home w/attached gar sitting in a desirable location close to lake.  Nice level lot which can be viewed from 3 season glass enclosed porch. Bright & spacious fpld liv rm along w/ a 1st flr fam rm offering  area for dining. Updates incl. newer roof, "Cedar Impression" siding, gutters, Anderson windows & central ac. Fin bsmt offers potential for extended fam member or add. bedroom.  Close proximity to lake, downtown & major routes. Home wired for security.
Unit Size
2,097 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$176
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
1950

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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: 4 months ago (MLSPIN #71032055)

Price History

Date / Event Date Event Price
Mar 17, 2010 Sold
Premium
Sold
Feb 12, 2010 Listed $369,000
Listed

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,165
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,163
  • Total Building Area: 2,097
  • Gross Building Area: 2,894
  • Building Area: 2,097
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,097
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLEN MDW PARK WAKEFIELD
  • Land Acres: 0000000187
  • 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: 74801
  • District: 305
  • Parcel: WAKE M:00014A B:0050 P:00B143
  • Block: 50
  • Municipality: WAKEFIELD
  • Latitude: 42.5171
  • Longitude: -71.0723

    Address

  • Full Address: 5 Hancock Rd
  • Address - House Number: 5
  • Address - Street Name: Hancock
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1719
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $707,700

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 743,652
  • High Value: 874,316
  • Low Value: 612,988

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $629,100
  • Assessed Land Value: $360,900
  • Assessed Improvements Value: $268,200

    Sales

  • Current Sale Recording Date: Mar 17, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00042390
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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, 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# 71032055

Frequently Asked Questions

When was property at 5 Hancock Road built and last sold?
The property at 5 Hancock Road was built in 1950 and last sold on Jan 1, 1970 for $372,000.
How much is this home worth?
The estimated value of the home located at 5 Hancock Road is $411,459.
What are some comparable homes to 5 Hancock Road?
There are currently no comparable homes to 5 Hancock Road.
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