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Wakefield 01880
8 Arundel Ave
Photo of 8 Arundel Ave
Sold on Sep 12, 2008

1

Map

$319,000
● House - Off Market

8 Arundel Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,285 Ft²
$663,551
RealtyHop Estimate
101.14%
Since Oct 1, 2008
MA-Boston
Primary Model

About This Property

Charming, well maintained Colonial tucked away on side street location.  Features include security system, sprinkler system, 100 amp c/b, newer Burnham heating system, Harvey replacment windows in most of house and 5year old roof.  Other features include, country style eat-in kitchen with newer dishwasher, and second floor bath with wainscoting and large linen storage.  Enjoy your summer in the private backyard with beautiful  16' x 32' inground pool and cement patio.  Lovely landscaped yard.
Unit Size
1,285 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$257
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1916

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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 #70783687)

Price History

Date / Event Date Event Price
Nov 5, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed $569,900
Listed
Sep 12, 2008 Sold
Premium
Sold
Jun 26, 2008 Listed $329,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 790
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 5,001
  • Total Building Area: 1,285
  • Gross Building Area: 2,256
  • Building Area: 1,285
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,285
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENWOOD
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335400

Zoning

  • Zoning: SR

Geography

  • Account Number: 74288
  • District: 305
  • Parcel: WAKE M:000042 B:0025 P:00010A
  • Block: 25
  • Municipality: WAKEFIELD
  • Latitude: 42.4805
  • Longitude: -71.0581

    Address

  • Full Address: 8 Arundel Ave
  • Address - House Number: 8
  • Address - Street Name: Arundel
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C016
  • 4-Digit Zip Code: 4312
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,200

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 680,722
  • High Value: 800,457
  • Low Value: 560,987

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $582,400
  • Assessed Land Value: $333,700
  • Assessed Improvements Value: $248,700

    Sales

  • Current Sale Contract Date: Nov 04, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 206694
  • Previous Sale Recording Date: Sep 12, 2008
  • Previous Sale Amount: $319,000
  • Previous Sale Document Type: 48
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

1927 ft²

Average Home Age

69.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70783687

Frequently Asked Questions

When was property at 8 Arundel Avenue built and last sold?
The property at 8 Arundel Avenue was built in 1916 and last sold on Nov 4, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 8 Arundel Avenue is $566,040.
What are some comparable homes to 8 Arundel Avenue?
There are currently no comparable homes to 8 Arundel Avenue.
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