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Wakefield 01880
549 Lowell St
$380,000
● House - Off Market

549 Lowell St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,725 Ft²
$738,240
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Come see this ranch style home in the desirable Montrose neighborhood of Wakefield!  This home features a fireplaced living room with bay window that opens to the dining room.  There is a large eat-in kitchen, 3 spacious bedrooms with a private half bath in the master.  The slider opens to a Trex deck and overlooks the patio, in-ground pool, and lower, covered, wood deck.  Hardwood floors throughout.  Lower level features a finished family room and extra bonus room.
Unit Size
1,725 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$220
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1971

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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 #71505824)

Price History

Date / Event Date Event Price
May 22, 2013 Sold
Premium
Sold
Apr 9, 2013 Listed by Century 21 Crowley - Braese $379,900
Listed by Century 21 Crowley - Braese

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,150
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 26,267
  • Total Building Area: 1,725
  • Gross Building Area: 2,692
  • Building Area: 1,725
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,725
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000603
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 69500
  • District: 305
  • Parcel: WAKE M:000037 B:0048 P:000M11
  • Block: 48
  • Municipality: WAKEFIELD
  • Latitude: 42.5154
  • Longitude: -71.0526

    Address

  • Full Address: 549 Lowell St
  • Address - House Number: 549
  • Address - Street Name: Lowell
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C029
  • 4-Digit Zip Code: 2016
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $724,500

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 784,920
  • High Value: 956,001
  • Low Value: 613,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $644,000
  • Assessed Land Value: $392,200
  • Assessed Improvements Value: $251,800

    Sales

  • Current Sale Recording Date: May 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000164
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

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1876 ft²

Average Home Age

66.7 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71505824

Frequently Asked Questions

When was property at 549 Lowell Street built and last sold?
The property at 549 Lowell Street was built in 1971 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 549 Lowell Street is $406,617.
What are some comparable homes to 549 Lowell Street?
There are currently no comparable homes to 549 Lowell Street.
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