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Wakefield 01880
75 Montrose Avenue
Photo of 75 Montrose Avenue
Sold on Aug 25, 2008

1

Map

$378,000
● House - Off Market

75 Montrose Avenue

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,458 Ft²
$775,416
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

Completely renovated! Spacious and bright Cape Cod home, in immaculate  condition. First floor with fire placed living room, formal dinning room (with  2 built in hutches), lovely foyer and family room/office. Harwood floors/brand new windows. Updated eat in kitchen and bathrooms, with  tile floors. Cozy BR's and sunroom. Central air. Large lot! Vinyl fenced  yard with separate wooden fence area for pets. Basement with laundry hook ups. Off street parking. Easy access to route 1, 95 and 93.
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$267
Property Type
House
Property Taxes
$272
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 #70789588)

Price History

Date / Event Date Event Price
Aug 25, 2008 Sold
Premium
Sold
Jul 9, 2008 Listed $389,900
Listed
Jul 23, 2004 Sold
Premium
Sold
Mar 8, 2004 Listed $399,900
Listed
Oct 23, 1997 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,123
  • Total Building Area: 1,458
  • Gross Building Area: 2,928
  • Building Area: 1,458
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,458
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000278
  • 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: 81576
  • District: 305
  • Parcel: WAKE M:00039B B:0007 P:0021C+
  • Block: 7
  • Municipality: WAKEFIELD
  • Latitude: 42.5046
  • Longitude: -71.0468

    Address

  • Full Address: 75 Montrose Ave
  • Address - House Number: 75
  • Address - Street Name: Montrose
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C018
  • 4-Digit Zip Code: 3536
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $733,700
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 748,628
  • High Value: 880,307
  • Low Value: 616,949

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $652,200
  • Assessed Land Value: $304,900
  • Assessed Improvements Value: $347,300

    Sales

  • Current Sale Recording Date: Aug 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00141003
  • Previous Sale Recording Date: Jul 23, 2004
  • Previous Sale Amount: $399,900
  • 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:

$775,000

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2090 ft²

Average Home Age

85.2 years

Currently For Sale

45 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: 5 months ago
Data Source: MLS PIN, MLS# 70789588

Frequently Asked Questions

When was property at 75 Montrose Avenue built and last sold?
The property at 75 Montrose Avenue was built in 1930 and last sold on Jan 1, 1970 for $378,000.
How much is this home worth?
The estimated value of the home located at 75 Montrose Avenue is $408,755.
What are some comparable homes to 75 Montrose Avenue?
There are currently no comparable homes to 75 Montrose Avenue.
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