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Wakefield 01880
8 Byron Street
$600,000
● House - Off Market

8 Byron Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,502 Ft²
$617,034
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

Welcome to this charming 6 room, 3 bedroom, 1.5 bath West Side home. Follow the flow from the 19x7 three season enclosed front porch with HW floors into a comfortable living room, dining room with built-in hutch then large eat-in kitchen. Lastly on 1st floor is the ½ bath laundry room. 2nd floor consists of 3 ample size bedrooms (master being 16x13) and newly tiled full bath with Jacuzzi tub. Off the kitchen is a nice & convenient mudroom leading to the rear yard with comfortable patio & plantings. Located near downtown shops, restaurants, salons and more, as well as Lake Quannapowitt. The commuter rail & playground are literally just steps away. Don't miss seeing this one!!!!
Unit Size
1,502 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$399
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1900

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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 #72995075)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Century 21 Sexton & Donohue $599,900
Listed by Century 21 Sexton & Donohue
Aug 5, 2009 Sold
Premium
Sold
Dec 29, 2008 Listed by Century 21 Sexton & Donohue $249,900
Listed by Century 21 Sexton & Donohue

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 727
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,115
  • Total Building Area: 1,502
  • Gross Building Area: 2,435
  • Building Area: 1,502
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,502
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000072
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: GR

Geography

  • Account Number: 11720
  • District: 305
  • Parcel: WAKE M:000008 B:0248 P:000133
  • Block: 248
  • Municipality: WAKEFIELD
  • Latitude: 42.4973
  • Longitude: -71.0805

    Address

  • Full Address: 8 Byron St
  • Address - House Number: 8
  • Address - Street Name: Byron
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2623
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $648,200

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 639,924
  • High Value: 757,714
  • Low Value: 522,135

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,200
  • Assessed Land Value: $314,700
  • Assessed Improvements Value: $261,500

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 116992
  • Previous Sale Recording Date: Aug 05, 2009
  • Previous Sale Amount: $230,000
  • 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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2008 ft²

Average Home Age

71.6 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, 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# 72995075

Frequently Asked Questions

When was property at 8 Byron Street built and last sold?
The property at 8 Byron Street was built in 1900 and last sold on Jul 29, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 8 Byron Street is $597,263.
What are some comparable homes to 8 Byron Street?
There are currently no comparable homes to 8 Byron Street.
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