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Wakefield 01880
8 Dell Avenue
$680,000
● House - Off Market

8 Dell Avenue

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,338 Ft²
$3,999
Est. Monthly

About This Property

Nestled between Lake Quannapowitt and Crystal Lake, this fully renovated gem offers modern comfort and convenience. With a brand-new roof, gas heating system, gas water heater, and meticulously crafted kitchen and bathrooms, every inch of this home exudes functionality. Additional living space expansion in the basement. Enjoy easy access to nearby amenities and highways. This home seamlessly blends contemporary luxury with a prime location, inviting you to indulge in the lifestyle you've always desired. Welcome Home.
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$299
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1908

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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 #73265187)

Price History

Date / Event Date Event Price
Sep 18, 2024 Sold
Premium
Sold
Aug 2, 2024 In contract -
In contract
Jul 16, 2024 Temporarily off market -
Temporarily off market
Jul 16, 2024 Listed by Keller Williams Realty $699,000
Listed by Keller Williams Realty
Jul 8, 2024 Price Decreased $729,000
↓ $16K (2.2%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1942
  • 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: 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: 782
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,301
  • Total Building Area: 2,338
  • Gross Building Area: 2,788
  • Building Area: 2,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,338
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 8942
  • District: 305
  • Parcel: WAKE M:000007 B:0017 P:000168
  • Block: 17
  • Municipality: WAKEFIELD
  • Latitude: 42.4996
  • Longitude: -71.0848

    Address

  • Full Address: 8 Dell Ave
  • Address - House Number: 8
  • Address - Street Name: Dell
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2702
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $680,100
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.0773
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 545,806
  • High Value: 588,047
  • Low Value: 503,566

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $604,500
  • Assessed Land Value: $336,800
  • Assessed Improvements Value: $267,700

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Feb 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 13377
  • Previous Sale Recording Date: Feb 08, 2024
  • Previous Sale Contract Date: Feb 06, 2024
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: O
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

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

$4,125 /mo

  • 3 Beds
  • 2 Baths
  • 1,336 ft²
200 Quannapowitt Parkway #C1P, 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# 73265187

Frequently Asked Questions

When was property at 8 Dell Avenue built and last sold?
The property at 8 Dell Avenue was built in 1908 and last sold on Feb 6, 2024 for $525,000.
How much is this home worth?
The estimated value of the home located at 8 Dell Avenue is $715,255.
What are some comparable homes to 8 Dell Avenue?
There are currently no comparable homes to 8 Dell Avenue.
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