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Wakefield 01880
7 Walton St
$445,000
● House - Off Market

7 Walton St

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,588 Ft²
$609,743
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Whether you are buying your first home or downsizing this smart cape checks all the boxes. Beautifully maintained and updated, this home features an open concept first floor plan. The living room features a fireplace with pellet stove insert, hardwood floors and sliders to the deck and back yard. The kitchen is well designed for food preparation and interacting with guests in the adjoining open dining room. There are two full bathrooms, spacious master bedroom and second bedroom.  Great outdoor entertaining areas from the deck to the patio with gazebo. Conveniently located near 128 ,93 and Rt 1. The new Market Street  with great restaurants,  shops and Whole Foods is moments away.
Unit Size
1,588 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$246
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1958

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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 #72232677)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Oct 21, 2021 Listed by RE/MAX Leading Edge $599,900
Listed by RE/MAX Leading Edge
Nov 14, 2017 Sold
Premium
Sold
Sep 21, 2017 Listed by RE/MAX Leading Edge $389,900
Listed by RE/MAX Leading Edge
Apr 23, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 506
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,410
  • Total Building Area: 1,588
  • Gross Building Area: 2,228
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • 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: 79871
  • District: 305
  • Parcel: WAKE M:00039A B:0006 P:0000HA
  • Block: 6
  • Municipality: WAKEFIELD
  • Latitude: 42.5114
  • Longitude: -71.0389

    Address

  • Full Address: 7 Walton St
  • Address - House Number: 7
  • Address - Street Name: Walton
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 1209
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $666,600

    Appraisal Valuation

  • Standard Deviation: 0.162
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 657,539
  • High Value: 764,069
  • Low Value: 551,009

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,500
  • Assessed Land Value: $356,900
  • Assessed Improvements Value: $235,600

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 267704
  • Previous Sale Recording Date: Nov 14, 2017
  • Previous Sale Amount: $445,000
  • 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

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72232677

Frequently Asked Questions

When was property at 7 Walton Street built and last sold?
The property at 7 Walton Street was built in 1958 and last sold on Dec 10, 2021 for $575,000.
How much is this home worth?
The estimated value of the home located at 7 Walton Street is $606,676.
What are some comparable homes to 7 Walton Street?
There are currently no comparable homes to 7 Walton Street.
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