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Wakefield 01880
58 Emerson Stree
$260,000
● House - Off Market

58 Emerson Stree

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,855 Ft²
$893,219
RealtyHop Estimate
220.15%
Since Jan 1, 2000
MA-Boston
Primary Model

About This Property

WEST SIDE LOCATION! OUTSTANDING 8 RM. GARRISON COLONIAL 3/4 BEDRMS.MULTI-BATHS BUSINESS/COMPUTER RM.SEPERATE ENTRANCE. LEGAL 2 FAMILY APT. IN LOWER LEVEL W/2/3 BEDRMS.HANDY TO TRAIN STATION AND LAKE QUANNAPOWITT PARKING FOR 4 CARS.
Unit Size
1,855 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$150
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1968

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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 years ago (MLSPIN #30358722)

Price History

Date / Event Date Event Price
Dec 2, 1999 Sold
Premium
Sold
Sep 30, 1999 Listed by Barrett, Chris. J., REALTORS® $279,000
Listed by Barrett, Chris. J., REALTORS®
Oct 26, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 948
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,421
  • Total Building Area: 2,487
  • Gross Building Area: 3,233
  • Building Area: 2,487
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,487
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

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

Zoning

  • Zoning: GR

Geography

  • Account Number: 18219
  • District: 305
  • Parcel: WAKE M:000011 B:0165 P:00058G
  • Block: 165
  • Municipality: WAKEFIELD
  • Latitude: 42.5053
  • Longitude: -71.0788

    Address

  • Full Address: 58 Emerson St
  • Address - House Number: 58
  • Address - Street Name: Emerson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C003
  • 4-Digit Zip Code: 2227
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 761,759
  • High Value: 899,943
  • Low Value: 623,574

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $696,300
  • Assessed Land Value: $348,100
  • Assessed Improvements Value: $348,200

    Sales

  • Current Sale Recording Date: Dec 02, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 26, 1988
  • Previous Sale Amount: $249,000
  • 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:

$785,000

Sale Price/ft²

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1964 ft²

Average Home Age

72.4 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

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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30358722

Frequently Asked Questions

When was property at 58 Emerson Street built and last sold?
The property at 58 Emerson Street was built in 1968 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 58 Emerson Street is $311,899.
What are some comparable homes to 58 Emerson Street?
There are currently no comparable homes to 58 Emerson Street.
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