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Wakefield 01880
55 Whittier Rd
$590,000
● House - Off Market

55 Whittier Rd

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,521 Ft²
$657,106
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model

About This Property

Welcome to quiet and tree-lined Whittier Rd. Located in the desirable Montrose area of Wakefield, this spacious and tastefully updated single family ranch boasts an open floor plan, 2 living rooms, gleaming hardwood flooring, and updated kitchen w/ granite countertops & stainless steel appliances. Rounding out the space is sunroom/laundry center and dining area with French doors opening to the fabulous back yard. The large yard is the perfect space to entertain outdoors. Improvements include newer roof, siding, heating system, kitchen and Reeds Ferry Shed.  Easy to Show!
Unit Size
1,521 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$325
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1955

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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: 4 months ago (MLSPIN #72692455)

Price History

Date / Event Date Event Price
Aug 25, 2020 Sold
Premium
Sold
Jul 16, 2020 Listed by Leading Edge Real Estate $495,000
Listed by Leading Edge Real Estate
Aug 1, 2016 Sold
Premium
Sold
Jun 20, 2016 Listed by Leading Edge Real Estate $479,000
Listed by Leading Edge Real Estate
Jul 30, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,521
  • Gross Building Area: 1,665
  • Building Area: 1,521
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,521
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 72371
  • District: 305
  • Parcel: WAKE M:000039 B:0013 P:0000T8
  • Block: 13
  • Municipality: WAKEFIELD
  • Latitude: 42.5085
  • Longitude: -71.0473

    Address

  • Full Address: 55 Whittier Rd
  • Address - House Number: 55
  • Address - Street Name: Whittier
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 4933
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $752,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 744,840
  • High Value: 875,854
  • Low Value: 613,827

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $668,600
  • Assessed Land Value: $379,200
  • Assessed Improvements Value: $289,400

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 146059
  • Previous Sale Recording Date: Aug 01, 2016
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: O
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:

$785,000

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1889 ft²

Average Home Age

68.4 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72692455

Frequently Asked Questions

When was property at 55 Whittier Road built and last sold?
The property at 55 Whittier Road was built in 1955 and last sold on Aug 24, 2020 for $590,000.
How much is this home worth?
The estimated value of the home located at 55 Whittier Road is $521,715.
What are some comparable homes to 55 Whittier Road?
There are currently no comparable homes to 55 Whittier Road.
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