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Wakefield 01880
68 Aldrich Road
$400,000
● House - Off Market

68 Aldrich Road

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$721,168
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Location, Location, Location.    View this one owner charming 3 bedroom Ranch nestled perfectly on a fabulous corner lot with many mature plantings.  Gleaming hardwood floors are featured in the fireplaced living room, dining area and all three bedrooms.  The kitchen & first floor bath have also undergone a facelift with light and bright decor.  Sliders off dining area lead to roomy bonus sun room that overlooks the private yard.  There is also great potential in the heated lower level.  Don't miss a perfect opportunity to own in a very much sought after Chapman Park area of Wakefield!
Unit Size
1,568 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$242
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1956

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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 #71591075)

Price History

Date / Event Date Event Price
Nov 8, 2013 Sold
Premium
Sold
Oct 1, 2013 Listed by RE/MAX Leading Edge $379,900
Listed by RE/MAX Leading Edge

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,120
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,199
  • Total Building Area: 1,568
  • Gross Building Area: 2,890
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000303
  • 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: 70754
  • District: 305
  • Parcel: WAKE M:000038 B:0109 P:000B86
  • Block: 109
  • Municipality: WAKEFIELD
  • Latitude: 42.5104
  • Longitude: -71.0491

    Address

  • Full Address: 68 Aldrich Rd
  • Address - House Number: 68
  • Address - Street Name: Aldrich
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 4941
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $784,600

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 763,143
  • High Value: 897,376
  • Low Value: 628,911

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $697,400
  • Assessed Land Value: $400,200
  • Assessed Improvements Value: $297,200

    Sales

  • Current Sale Recording Date: Nov 08, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 236884
  • Previous Sale Recording Date: Nov 08, 2013
  • Previous Sale Amount: $400,000
  • 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

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1915 ft²

Average Home Age

72.3 years

Currently For Sale

52 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: 5 months ago
Data Source: MLS PIN, MLS# 71591075

Frequently Asked Questions

When was property at 68 Aldrich Road built and last sold?
The property at 68 Aldrich Road was built in 1956 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 68 Aldrich Road is $403,487.
What are some comparable homes to 68 Aldrich Road?
There are currently no comparable homes to 68 Aldrich Road.
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