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Wakefield 01880
54 Lassell St
Photo of 54 Lassell St
Sold on Dec 5, 2025

33

Map

Photo of 54 Lassell St
Photo of 54 Lassell St
$575,000
● House - Off Market

54 Lassell St

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,170 Ft²
$3,480
Est. Monthly

About This Property

Picture book 1930's Cape Cod in a fabulous Greenwood neighborhood location.  Unique layout with large living room, small formal dining room and 1st floor bedroom.  Fabulous screed porch with slate floor off of the entry foyer.  2 second floor rooms ideal for a bedroom and office. Lots of eave storage space. The lower level has some older 1970's era finish.  Fabulous level private treed back yard.  All in close proximity to downtown Greenwood, restaurants, shops and commuter rail.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$513
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1938

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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: 12 months ago (MLSPIN #73441492)

Price History

Date / Event Date Event Price
Dec 5, 2025 Sold
Premium
Sold
Nov 15, 2025 In contract -
In contract
Nov 12, 2025 Relisted $599,900
Relisted
Oct 18, 2025 In contract -
In contract
Oct 8, 2025 Listed by Barrett, Chris. J., REALTORS® $599,900
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,487
  • Total Building Area: 1,170
  • Gross Building Area: 2,682
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000218
  • 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: 54181
  • District: 305
  • Parcel: WAKE M:000027 B:132A P:000109
  • Block: 132A
  • Municipality: WAKEFIELD
  • Latitude: 42.4757
  • Longitude: -71.0645

    Address

  • Full Address: 54 Lassell St
  • Address - House Number: 54
  • Address - Street Name: Lassell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C014
  • 4-Digit Zip Code: 4240
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $630,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 644,681
  • High Value: 750,746
  • Low Value: 538,617

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,700
  • Assessed Land Value: $379,100
  • Assessed Improvements Value: $181,600
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:

$774,950

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2090 ft²

Average Home Age

85.2 years

Currently For Sale

45 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: 12 months ago
Data Source: MLS PIN, MLS# 73441492

Frequently Asked Questions

When was property at 54 Lassell Street built and last sold?
The property at 54 Lassell Street was built in 1938 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 54 Lassell Street is $0.
What are some comparable homes to 54 Lassell Street?
There are currently no comparable homes to 54 Lassell Street.
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