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Wakefield 01880
8 Penfield Circle
$335,000
● House - Off Market

8 Penfield Circle

Wakefield, MA 01880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
752 Ft²
$598,235
RealtyHop Estimate
76.00%
Since Jul 1, 2005
MA-Boston
Primary Model

About This Property

LOCATION! LOCATION! LOCATION! JUST FOR YOU. TUCKED AWAY ON A CUL-DE-SAC IN THE MONTROSE SECTION OF WAKEFIELD. MOVE-IN CONDITION. BRAND NEW KITCHEN AND OTHER UPDATES.  FULL BASEMENT FOR ADDED EXPANSION AND STORAGE. IT'S SPRING! BRING YOUR GARDEN TOOLS AND LANDSCAPING IDEAS TO "MAKE-OVER" THE YARD. ENJOY WARM SUMMER NIGHTS ON THE SUNPORCH, AND WINTER NIGHTS BY A WARM FIREPLACE.
Unit Size
752 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$452
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1951

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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 #70162666)

Price History

Date / Event Date Event Price
Jun 28, 2005 Sold
Premium
Sold
Mar 25, 2005 Listed by Sam Stella REALTORS® $339,900
Listed by Sam Stella REALTORS®

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 752
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Total Building Area: 1,504
  • Gross Building Area: 2,367
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335302

Zoning

  • Zoning: SR

Geography

  • Account Number: 56709
  • District: 305
  • Parcel: WAKE M:000028 B:0093 P:0000L3
  • Block: 93
  • Municipality: WAKEFIELD
  • Latitude: 42.516
  • Longitude: -71.0603

    Address

  • Full Address: 8 Penfield Cir
  • Address - House Number: 8
  • Address - Street Name: Penfield
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C029
  • 4-Digit Zip Code: 1920
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $777,600

    Appraisal Valuation

  • Standard Deviation: 0.1861
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 717,531
  • High Value: 851,069
  • Low Value: 583,992

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $691,200
  • Assessed Land Value: $352,800
  • Assessed Improvements Value: $338,400

    Sales

  • Current Sale Recording Date: Jun 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00133611
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

$451

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1964 ft²

Average Home Age

72.4 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$4,455 /mo

  • 2 Beds
  • 2 Baths
  • 1,047 ft²
200 Quannapowitt Parkway #B14.1B, 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# 70162666

Frequently Asked Questions

When was property at 8 Penfield Circle built and last sold?
The property at 8 Penfield Circle was built in 1951 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 8 Penfield Circle is $346,676.
What are some comparable homes to 8 Penfield Circle?
There are currently no comparable homes to 8 Penfield Circle.
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