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Wakefield 01880
53 Spring Street
Photo of 53 Spring Street
Sold on Nov 21, 2006

1

Map

$599,000
● House - Off Market

53 Spring Street

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,155,894
RealtyHop Estimate
87.98%
Since Dec 1, 2006
MA-Boston
Primary Model

About This Property

Quality Built - 8 room 4 BR, 2.5 bath C.E. Col. with nice farmers porch over looking rustic lot. This home has 2400+ sq/ft of liv. area.  Fully applianced eat in kit. features recessed lights, granite counter tops and sliders to 14' deck. Gas fireplace in LR. 1st floor FR. Formal DR w/inlay floor. Bedrooms have great closets. MBR suite w/jacuzzi, shower & walk in closet. Walk up 3rd floor has expansion possibilities. HW floors on both levels. CT floors in baths and kit. Central air/vac. & more
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$256
Property Type
House
Property Taxes
$926
HOA Dues
-
Year Built
2005

Payment Calculator

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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 #70298090)

Price History

Date / Event Date Event Price
Nov 22, 2006 Sold
Premium
Sold
Nov 23, 2005 Listed $614,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Total Building Area: 2,177
  • Gross Building Area: 4,069
  • Building Area: 2,177
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,177
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000344
  • Standard Land Use Code: 9101
  • County Land Use Code: 960

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 52097
  • District: 305
  • Parcel: WAKE M:000026 B:0133 P:000021
  • Block: 133
  • Municipality: WAKEFIELD
  • Latitude: 42.4762
  • Longitude: -71.0716

    Address

  • Full Address: 53 Spring St
  • Address - House Number: 53
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C026
  • 4-Digit Zip Code: 3662
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $987,800
  • Assessed Land Value: $401,600
  • Assessed Improvements Value: $586,200

    Sales

  • Current Sale Recording Date: Nov 22, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00222167
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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 years

Currently For Sale

51 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70298090

Frequently Asked Questions

When was property at 53 Spring Street built and last sold?
The property at 53 Spring Street was built in 2005 and last sold on Jan 1, 1970 for $599,000.
How much is this home worth?
The estimated value of the home located at 53 Spring Street is $641,775.
What are some comparable homes to 53 Spring Street?
There are currently no comparable homes to 53 Spring Street.
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