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Wakefield 01880
8 Crosby Rd
$765,000
● House - Off Market

8 Crosby Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,284 Ft²
$673,655
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Delightful 3BR cape in desirable Greenwood location...front to back LR/w/FP, separate DR/kitchen w/Ash cabinets and Corian countertops plus 1st fl BR and 1/2 bath complete the main level.   Sliders to inviting sunroom off the kitchen overlook private wooded backyard.   2 more BR's/full bath on 2nd floor.  Bonus room on LL can be converted into w/o room, playroom or home office.   Valuable upgrades include roof 2019, 4 mini splits..2 on 1st fl/2 on 2nd fl.  One car garage, close to downtown Greenwood, schools, train, hightway , lake and of course vibrant downtown Wakefield center.  Solid and well kept home meticuously maintained by same family  for 80+ years.  Easy to show.
Unit Size
1,284 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$529
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1941

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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 #73161422)

Price History

Date / Event Date Event Price
Oct 26, 2023 Sold
Premium
Sold
Sep 27, 2023 In contract -
In contract
Sep 20, 2023 Listed by Barrett, Chris. J., REALTORS® $679,000
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 852
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,901
  • Total Building Area: 1,284
  • Gross Building Area: 2,484
  • Building Area: 1,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335301

Zoning

  • Zoning: SR

Geography

  • Account Number: 44329
  • District: 305
  • Parcel: WAKE M:000023 B:0224 P:00C23A
  • Block: 224
  • Municipality: WAKEFIELD
  • Latitude: 42.4865
  • Longitude: -71.0619

    Address

  • Full Address: 8 Crosby Rd
  • Address - House Number: 8
  • Address - Street Name: Crosby
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C015
  • 4-Digit Zip Code: 3802
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $674,800

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 703,231
  • High Value: 826,925
  • Low Value: 579,536

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $599,800
  • Assessed Land Value: $331,700
  • Assessed Improvements Value: $268,100

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 121653
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73161422

Frequently Asked Questions

When was property at 8 Crosby Road built and last sold?
The property at 8 Crosby Road was built in 1941 and last sold on Oct 26, 2023 for $765,000.
How much is this home worth?
The estimated value of the home located at 8 Crosby Road is $692,181.
What are some comparable homes to 8 Crosby Road?
There are currently no comparable homes to 8 Crosby Road.
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