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Wakefield 01880
7 Cordis St
$625,000
● House - Off Market

7 Cordis St

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,453 Ft²
$777,023
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Footsteps from beautiful Lake Quannapowit lies this meticulously maintained 3 bed 1 bath ranch.  This home is turnkey with gleaming hardwood floors, an updated kitchen,working fireplace, and updated windows throughout.  Single level living.  Clean and open basement of this house is a bonus. Sip your morning coffee on the back deck with views of the lake.   Minutes from the shops and restaurants of Wakefield square.
Unit Size
1,453 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$361
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72348429)

Price History

Date / Event Date Event Price
Aug 17, 2018 Sold
Premium
Sold
Jun 18, 2018 Listed by Ledge End Realty $524,900
Listed by Ledge End Realty
Mar 28, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 1,453
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,538
  • Total Building Area: 1,453
  • Gross Building Area: 3,194
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000196
  • 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: 74376
  • District: 305
  • Parcel: WAKE M:00014A B:0020 P:0B134B
  • Block: 20
  • Municipality: WAKEFIELD
  • Latitude: 42.5156
  • Longitude: -71.0736

    Address

  • Full Address: 7 Cordis St
  • Address - House Number: 7
  • Address - Street Name: Cordis
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C001
  • 4-Digit Zip Code: 1709
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $816,400

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 795,499
  • High Value: 935,273
  • Low Value: 655,726

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $725,700
  • Assessed Land Value: $407,800
  • Assessed Improvements Value: $317,900

    Sales

  • Current Sale Recording Date: Aug 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 126503
  • Previous Sale Recording Date: Mar 28, 2005
  • Previous Sale Amount: $493,000
  • 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:

$782,450

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1876 ft²

Average Home Age

66.7 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

$4,675 /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: 4 months ago
Data Source: MLS PIN, MLS# 72348429

Frequently Asked Questions

When was property at 7 Cordis Street built and last sold?
The property at 7 Cordis Street was built in 1951 and last sold on Jan 1, 1970 for $625,000.
How much is this home worth?
The estimated value of the home located at 7 Cordis Street is $547,053.
What are some comparable homes to 7 Cordis Street?
There are currently no comparable homes to 7 Cordis Street.
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