$383,000
●
Condo -
Off Market
80 Renwick Rd #B
Wakefield, MA 01880
2 Beds
1 Bath
698 Ft²
$2,633
Est. Monthly
$461
HOA / Fees
6.35%
Cap Rate
About This Property
Beautifully updated 2-bedroom condo in a desirable Wakefield
location, offering a wonderful blend of comfort, style, and
convenience. This inviting second-floor home features a
thoughtfully renovated kitchen and bathroom, an open and functional
living/dining area, and a bright, welcoming layout. The spacious
kitchen offers updated cabinetry, countertops, backsplash, and
stainless-steel appliances, while the refreshed bathroom provides a
clean, modern feel. Ideally located with easy access to shopping,
restaurants, major highways, and the commuter rail, this
move-in-ready condo is a great opportunity for first-time buyers,
downsizers, or anyone looking for low-maintenance living in
Wakefield.
Unit Size
698 Ft²
Days on Market
-
Land Size
-
Price per sqft
$543
Property Type
Condo
Property Taxes
$311
HOA Dues
$461
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: 11 days ago (MLSPIN #73573028)
Price History
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Wood
Laundry Features: Common Area
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 698
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1965
Building Area Total: 698
Building Area Units: Square Feet
Construction Materials: See Remarks
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $328,500
Tax Annual Amount: $3,728
Utilities Details
Cooling Type: Wall Unit(s), Other
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Heat
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
HOA Fee: $461
HOA Fee Frequency: Monthly
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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