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Wakefield 01880
55 Jordan Ave
$655,000
● House - Off Market

55 Jordan Ave

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,490 Ft²
$675,473
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

West Side Colonial featuring updates to the Roof (2020), Siding (2006), Windows and Navien gas fired heating system. Charming, with an entry foyer, hardwood floors, built ins and a delightful screened in porch. The kitchen features stainless steel appliances. This desirable home has a breezeway and garage. It is ideally located, convenient to the major routes and public transportation. Additional space in the finished lower-level w/B-Dry system and half bath. Enjoy your nicely landscaped level lot, with attached shed, great for storage!
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$423
Property Type
House
Property Taxes
$555
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #73036411)

Price History

Date / Event Date Event Price
Nov 4, 2022 Sold
Premium
Sold
Sep 20, 2022 In contract -
In contract
Sep 14, 2022 Listed by Barrett, Chris. J., REALTORS® $629,900
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,126
  • Total Building Area: 1,490
  • Gross Building Area: 2,312
  • Building Area: 1,490
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,490
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: SR

Geography

  • Account Number: 10495
  • District: 305
  • Parcel: WAKE M:000008 B:0035 P:000B2A
  • Block: 35
  • Municipality: WAKEFIELD
  • Latitude: 42.4954
  • Longitude: -71.084

    Address

  • Full Address: 55 Jordan Ave
  • Address - House Number: 55
  • Address - Street Name: Jordan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2637
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $753,600

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 730,749
  • High Value: 859,145
  • Low Value: 602,352

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $669,900
  • Assessed Land Value: $392,000
  • Assessed Improvements Value: $277,900

    Sales

  • Current Sale Contract Date: Nov 03, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1926501
  • Previous Sale Recording Date: Feb 15, 2013
  • Previous Sale Document Type: 27
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:

$775,000

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2014 ft²

Average Home Age

85.1 years

Currently For Sale

48 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
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,855 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
200 Quannapowitt Parkway #B1A-G2B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73036411

Frequently Asked Questions

When was property at 55 Jordan Avenue built and last sold?
The property at 55 Jordan Avenue was built in 1930 and last sold on Nov 3, 2022 for $665,000.
How much is this home worth?
The estimated value of the home located at 55 Jordan Avenue is $647,158.
What are some comparable homes to 55 Jordan Avenue?
There are currently no comparable homes to 55 Jordan Avenue.
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