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Wakefield 01880
81 Aldrich Rd
$515,000
● House - Off Market

81 Aldrich Rd

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,609 Ft²
$742,183
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

If you are looking for expanded cape set back from the street with an open floor plan and priced right, you have found your home. Hardwood flooring throughout with loads of charm.  Fantastic for entertainment. Plenty of bedrooms (possibly 4) and bathrooms.   All of this is situated on a large private lot. The basement has plenty of storage or expansion possibilities. Plenty of privacy.  Close to Highways, public transportation, restaurants and shopping.
Unit Size
1,609 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$310
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1952

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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 #72390228)

Price History

Date / Event Date Event Price
Nov 2, 2018 Sold
Premium
Sold
Sep 6, 2018 Listed by Anderson Treacy Real Estate $499,000
Listed by Anderson Treacy Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • 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: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,339
  • Total Building Area: 1,609
  • Gross Building Area: 2,608
  • Building Area: 1,609
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,609
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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: 72485
  • District: 305
  • Parcel: WAKE M:000039 B:0023 P:0004AC
  • Block: 23
  • Municipality: WAKEFIELD
  • Latitude: 42.5102
  • Longitude: -71.0477

    Address

  • Full Address: 81 Aldrich Rd
  • Address - House Number: 81
  • Address - Street Name: Aldrich
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C025
  • 4-Digit Zip Code: 4906
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $754,000

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 737,731
  • High Value: 867,355
  • Low Value: 608,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,200
  • Assessed Land Value: $392,600
  • Assessed Improvements Value: $277,600

    Sales

  • Current Sale Recording Date: Nov 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 169138
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:

$775,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1986 ft²

Average Home Age

82.5 years

Currently For Sale

47 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72390228

Frequently Asked Questions

When was property at 81 Aldrich Road built and last sold?
The property at 81 Aldrich Road was built in 1952 and last sold on Jan 1, 1970 for $515,000.
How much is this home worth?
The estimated value of the home located at 81 Aldrich Road is $516,951.
What are some comparable homes to 81 Aldrich Road?
There are currently no comparable homes to 81 Aldrich Road.
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