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Medford 02155 South Medford
71 Wright Ave
Photo of 71 Wright Ave
Sold on Oct 30, 2006

1

Map

$378,000
● House - Off Market

71 Wright Ave

Medford, MA 02155
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,012 Ft²
$704,705
RealtyHop Estimate
85.50%
Since Nov 1, 2006
MA-Boston
Primary Model

About This Property

Location Location!! Private set back setting surrounded by Arborvitaes. Extra spacious split ranch w/ 2 full kitchens and baths. High ceilings throughout plus walk in lower level has a lighted bar entertainment area. Two working fireplaces, plenty of closet space, light and living area. Newer windows & doors on 2'nd level, 2 zone heating, Granite foundation, 2 sheds,carport,and AG pool,patio area, in addition to, garden.Shingles freshly painted & Oversized windows in LL. Close to major highways
Unit Size
2,012 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$189
Property Type
House
Property Taxes
$243
HOA Dues
-
Year Built
1960

Payment Calculator

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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 #70431262)

Price History

Date / Event Date Event Price
Nov 1, 2006 Sold
Premium
Sold
Jul 28, 2006 Listed $379,900
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,700
  • Total Building Area: 1,056
  • Gross Building Area: 2,424
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEDFORD
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Medford School District
  • School Tax School District: MEDFORD SD
  • Census Tract: 339700

Geography

  • Account Number: 14792
  • Parcel: MEDF M:T-10 B:0063
  • Block: 63
  • Municipality: MEDFORD
  • Latitude: 42.4062
  • Longitude: -71.1051

    Address

  • Full Address: 71 Wright Ave
  • Address - House Number: 71
  • Address - Street Name: Wright
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Medford
  • Carrier Code: C029
  • 4-Digit Zip Code: 6113
  • Zip Code: 02155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,600
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1737
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 668,759
  • High Value: 784,959
  • Low Value: 552,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,200
  • Assessed Land Value: $319,700
  • Assessed Improvements Value: $195,500

    Sales

  • Current Sale Recording Date: Nov 01, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00207652
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 South Medford

Stats & Trends

Median Asking:

$982,000

Sale Price/ft²

$527

Below Asking

0.01%

Average Days on Market

61

Average Home Size

5407 ft²

Average Home Age

83.1 years

Currently For Sale

27 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 205 Walden St, Cambridge, MA, 02140

$2,582 /mo

  • Studio
  • 1 Bath
  • 539 ft²
205 Walden St #The Copley, Cambridge, MA, 02140 Listing by Equity Residential
Unit for rent at 20 Stephenson Aman St, MA, 02144

$2,000 /mo

  • 1 Bed
  • 1 Bath
20 Stephenson Aman St, MA, 02144 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70431262

Frequently Asked Questions

When was property at 71 Wright Avenue built and last sold?
The property at 71 Wright Avenue was built in 1960 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 71 Wright Avenue is $417,448.
What are some comparable homes to 71 Wright Avenue?
There are currently no comparable homes to 71 Wright Avenue.
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