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Wakefield 01880
9 Farm Street
$165,000
● House - Off Market

9 Farm Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,304 Ft²
$794,297
RealtyHop Estimate
367.51%
Since Dec 1, 1994
MA-Boston
Primary Model

About This Property

DELIGHTFUL RANCH.  LOWER LEVEL COMPLETE WITH FAMILY ROOM AND KITCHEN.  ENCLOSED PORCH OVERLOOKS PRIVATE YARD.  HOUSE RECENTLY PAINTED.  EASILY ACCESSIBLE TO SCHOOLS, HIGHWAYS, AND SHOPPING.  MOVE-IN-CONDITION!
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$130
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30007820)

Price History

Date / Event Date Event Price
Nov 17, 2020 Sold
Premium
Sold
Sep 23, 2020 Listed by Barrett, Chris. J., REALTORS® $519,900
Listed by Barrett, Chris. J., REALTORS®
Nov 30, 1994 Sold
Premium
Sold
Sep 23, 1994 Listed by Barrett, Chris. J., REALTORS® $169,900
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,024
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,110
  • Total Building Area: 1,741
  • Gross Building Area: 2,288
  • Building Area: 1,741
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,741
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • 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: 63431
  • District: 305
  • Parcel: WAKE M:000032 B:0121 P:0000LH
  • Block: 121
  • Municipality: WAKEFIELD
  • Latitude: 42.4996
  • Longitude: -71.051

    Address

  • Full Address: 9 Farm St
  • Address - House Number: 9
  • Address - Street Name: Farm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C024
  • 4-Digit Zip Code: 3501
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,100

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 695,854
  • High Value: 818,251
  • Low Value: 573,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,500
  • Assessed Land Value: $363,000
  • Assessed Improvements Value: $217,500

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 215483
  • Previous Sale Recording Date: Nov 30, 1994
  • Previous Sale Amount: $165,000
  • 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:

$779,900

Sale Price/ft²

$452

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1840 ft²

Average Home Age

69.5 years

Currently For Sale

50 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30007820

Frequently Asked Questions

When was property at 9 Farm Street built and last sold?
The property at 9 Farm Street was built in 1955 and last sold on Nov 12, 2020 for $550,000.
How much is this home worth?
The estimated value of the home located at 9 Farm Street is $0.
What are some comparable homes to 9 Farm Street?
There are currently no comparable homes to 9 Farm Street.
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