$232,000
●
Condo -
Off Market
80 Renwick Rd #A
Wakefield, MA 01880
2 Beds
1 Bath
698 Ft²
$347,750
RealtyHop Estimate
44.96%
Since Apr 1, 2019
MA-Boston
Primary Model
About This Property
Here is the perfect opportunity to purchase a fairly priced home
and update to your exacting tastes. This 2 bedroom, 1 bath unit
will be stunning after mostly cosmetic work such as repainting &
refinishing the hardwood floors, updating the bath/kitchen. Buyer
will need to purchase all appliances. With solid association
financials, the condo fee includes heat, hot water, maintenance,
laundry facility, plus a pool for these hot summer days. 0.4 miles
to Melrose Highlands commuter rail and bus routes which run by Main
St. Best financing options would be through a local Bank's
Construction/Renovation Mortgage. This is a Conservatorship sale
subject to court approval and issuance of a license to sell.
Unit Size
698 Ft²
Days on Market
-
Land Size
-
Price per sqft
$344
Property Type
Condo
Property Taxes
$194
HOA Dues
$346
Year Built
1965
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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 years ago (MLSPIN #72426926)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Nov 26, 2018 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $239,900 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Level: First
Features: Flooring - Hardwood
Features: Flooring - Hardwood
Level: First
Features: Flooring - Hardwood
Level: First
Level: First
Features: Flooring - Hardwood
Features: No
Full Bathrooms: 1
Appliances: Utility Connections for Electric Range
Flooring Type: Wood, Hardwood
Laundry Features: Common Area, Off-Site
Rooms: 5
Basement: N
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Crickwood
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: SR
Parcel Number: M:000027 B:107A P:107A17, 3441322
Water Source: Public
Financial Details
Tax Assessed Value: $179,500
Tax Annual Amount: $2,325
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
Association Fee Frequency: Monthly
HOA Fee: $346
Community Features: Public Transportation, Pool
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/22/2021
|
2 Bed
|
1 Bath
|
679 ft²
|
$299,900
2 Bed
1 Bath
679 ft²
|
$310,000
+3.37%
11/04/2021
|
Michelle Kelley
Michelle Kelley Realty, LLC
| |
|
11/26/2018
|
2 Bed
|
1 Bath
|
698 ft²
|
$239,900
2 Bed
1 Bath
698 ft²
|
$232,000
-3.29%
03/25/2019
|
Bart Foster
Keller Williams Realty Boston-Metro | South End
| |
|
11/16/2016
|
2 Bed
|
1 Bath
|
698 ft²
|
$239,900
2 Bed
1 Bath
698 ft²
|
-
12/15/2016
|
Christine Ball
Century 21 Commonwealth
| |
|
05/19/2014
|
2 Bed
|
1 Bath
|
679 ft²
|
$189,900
2 Bed
1 Bath
679 ft²
|
$184,300
-2.95%
07/01/2014
|
Ann Herrick
Century 21 North Shore
| |
|
06/10/2009
|
2 Bed
|
1 Bath
|
679 ft²
|
$189,900
2 Bed
1 Bath
679 ft²
|
$189,900
08/17/2009
|
Patricia Marsh
Realty Executives Marsh & Associates
|
Building Info
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