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Wakefield 01880
8 Mount Pleasant Ave.
$415,000
● House - Off Market

8 Mount Pleasant Ave.

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,040 Ft²
$963,249
RealtyHop Estimate
129.40%
Since Jun 1, 2002
MA-Boston
Primary Model

About This Property

PRISTINE, COMFORTABLE, WARM & WELCOMING ARE THE WORDS TO DESCRIBE THIS LARGE MULTI-LEVEL HOME ON A QUIET DEAD END STREET. THE LR HAS A SOARING CATHEDRAL CEILING W/SKY LIGHTS AND A LARGE PICTURE WINDOW. 2 FPS.,LARGE FR WITH WET BAR.
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$206
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1983

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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: 6 months ago (MLSPIN #30600987)

Price History

Date / Event Date Event Price
May 31, 2002 Sold
Premium
Sold
Apr 24, 2002 Listed by Century 21 Greer's R. E. $419,900
Listed by Century 21 Greer's R. E.
Mar 15, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,296
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,458
  • Total Building Area: 1,992
  • Gross Building Area: 2,640
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000286
  • 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: 63458
  • District: 305
  • Parcel: WAKE M:000032 B:0010 P:0000R1
  • Block: 10
  • Municipality: WAKEFIELD
  • Latitude: 42.4958
  • Longitude: -71.0567

    Address

  • Full Address: 8 Mount Pleasant Ave
  • Address - House Number: 8
  • Address - Street Name: Mount Pleasant
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3458
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $956,800

    Appraisal Valuation

  • Standard Deviation: 0.156
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 921,247
  • High Value: 1,065,016
  • Low Value: 777,477

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $850,500
  • Assessed Land Value: $399,500
  • Assessed Improvements Value: $451,000

    Sales

  • Current Sale Recording Date: May 31, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 986
  • Previous Sale Recording Date: Mar 15, 2001
  • Previous Sale Amount: $350,400
  • 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:

$774,900

Sale Price/ft²

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2010 ft²

Average Home Age

83.4 years

Currently For Sale

48 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,565 /mo

  • Studio
  • 1 Bath
  • 589 ft²
200 Quannapowitt Parkway #S1, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30600987

Frequently Asked Questions

When was property at 8 Mt Pleasant Avenue built and last sold?
The property at 8 Mt Pleasant Avenue was built in 1983 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 8 Mt Pleasant Avenue is $449,438.
What are some comparable homes to 8 Mt Pleasant Avenue?
There are currently no comparable homes to 8 Mt Pleasant Avenue.
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