5 Wharton Park
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $1,499,000 | |
| Listed | |||
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Offer deadline Tuesday 5/20 5pm. Welcome to 5 Wharton Park in Wakefield, MA—a spacious 4-bedroom main residence with over 4,000 sq ft of living space, including an additional private in-law apartment. Soaring ceilings in the great room and expansive rooms throughout create an airy, open feel. The renovated primary suite offers over 600 sq ft and a luxurious spa-like bath. A screened porch overlooks the massive, fenced backyard—ideal for entertaining, outdoor sports, and everyday enjoyment. Recent updates to the HVAC and heating systems add comfort and efficiency. Located near Lake Quannapowitt, vibrant downtown, top-rated schools, and major commuter routes to Boston, this home blends space, style, and convenience in one of Wakefield’s most desirable neighborhoods. First Showings at Open House.
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| Aug 31, 2011 | Sold | ||
| Sold | |||
| Jun 1, 2011 | Listed by RE/MAX Heritage, LLC | $839,500 | |
| Listed by RE/MAX Heritage, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017