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Wakefield 01880
8 Jordan Ave
$385,000
● House - Off Market

8 Jordan Ave

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,509 Ft²
$822,024
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

Well kept, 3 bedroom 1.5 bath Colonial in a very desirable west side neighborhood. New gas furnace in 2011 and a new roof in 2010.  Other updates include most windows along with granite counter top and cork kitchen floor.  Additional amenities include an eat in kitchen, finished family room in basement and built-ins in the dining room.  Close to Moulton Park and commuter rail.  Open House Sunday 11/18 from 12-2.
Unit Size
1,509 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$262
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1950

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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 #71457795)

Price History

Date / Event Date Event Price
Dec 27, 2012 Sold
Premium
Sold
Nov 15, 2012 Listed by RE/MAX Leading Edge $394,900
Listed by RE/MAX Leading Edge
Mar 16, 2007 Sold
Premium
Sold
Jul 14, 2006 Listed by RE/MAX Leading Edge $379,900
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1964
  • 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: 644
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,811
  • Total Building Area: 1,509
  • Gross Building Area: 2,545
  • Building Area: 1,509
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000294
  • 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: 11041
  • District: 305
  • Parcel: WAKE M:000008 B:0083 P:0000J1
  • Block: 83
  • Municipality: WAKEFIELD
  • Latitude: 42.4988
  • Longitude: -71.0845

    Address

  • Full Address: 8 Jordan Ave
  • Address - House Number: 8
  • Address - Street Name: Jordan
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2630
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $816,200

    Appraisal Valuation

  • Standard Deviation: 0.2179
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 765,421
  • High Value: 932,251
  • Low Value: 598,590

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $725,500
  • Assessed Land Value: $424,700
  • Assessed Improvements Value: $300,800

    Sales

  • Current Sale Recording Date: Dec 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000028
  • Previous Sale Recording Date: Mar 16, 2007
  • Previous Sale Amount: $369,000
  • 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1915 ft²

Average Home Age

72.3 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

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

$4,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
200 Quannapowitt Parkway #B7P, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71457795

Frequently Asked Questions

When was property at 8 Jordan Avenue built and last sold?
The property at 8 Jordan Avenue was built in 1950 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 8 Jordan Avenue is $412,292.
What are some comparable homes to 8 Jordan Avenue?
There are currently no comparable homes to 8 Jordan Avenue.
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