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Wakefield 01880
60 Cordis Street
$565,000
● House - Off Market

60 Cordis Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,655 Ft²
$762,533
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model

About This Property

New to the market, 60 Cordis St. has just what you've been looking for.  Beautifully updated while preserving the charm and character of this attractive 3 bedroom Colonial in a neighborhood only minutes away from lake Quannapowitt and the Dolbeare Elementary School.  This house really does deliver with features like large rooms, convenient first floor 1/2 bath, central air conditioning and walk up attic.  Spend your summers on the large enclosed front porch or grilling for family and friends on the rear deck, the perfect spot to relax and entertain.
Unit Size
1,655 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$323
Property Type
House
Property Taxes
$460
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 #72500694)

Price History

Date / Event Date Event Price
Jul 12, 2019 Sold
Premium
Sold
May 15, 2019 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $535,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jun 3, 2009 Sold
Premium
Sold
Mar 5, 2009 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $359,500
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1957
  • 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: 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: 700
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,891
  • Total Building Area: 1,705
  • Gross Building Area: 2,444
  • Building Area: 1,705
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,705
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JUNIUS BEEBE
  • Land Acres: 0000000158
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335100

Zoning

  • Zoning: SR

Geography

  • Account Number: 26374
  • District: 305
  • Parcel: WAKE M:000015 B:0144 P:000B12
  • Block: 144
  • Municipality: WAKEFIELD
  • Latitude: 42.5157
  • Longitude: -71.0672

    Address

  • Full Address: 60 Cordis St
  • Address - House Number: 60
  • Address - Street Name: Cordis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1742
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $710,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 738,143
  • High Value: 867,839
  • Low Value: 608,447

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,700
  • Assessed Land Value: $351,700
  • Assessed Improvements Value: $280,000

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 99235
  • Previous Sale Recording Date: Jun 03, 2009
  • Previous Sale Amount: $352,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 years

Currently For Sale

51 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

$4,675 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1B, 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# 72500694

Frequently Asked Questions

When was property at 60 Cordis Street built and last sold?
The property at 60 Cordis Street was built in 1930 and last sold on Jul 12, 2019 for $565,000.
How much is this home worth?
The estimated value of the home located at 60 Cordis Street is $547,493.
What are some comparable homes to 60 Cordis Street?
There are currently no comparable homes to 60 Cordis Street.
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