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Wakefield 01880
9 Highland Avenue
$205,000
● House - Off Market

9 Highland Avenue

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
196,397 Ft²
$974,903
RealtyHop Estimate
354.50%
Since Jul 1, 1995
MA-Boston
Primary Model

About This Property

CHARMING COLONIAL IN MOVE-IN-CONDITION.  BEAUTIFUL FIRST FLOOR FIREPLACED FAMILY ROOM WITH CATHEDRAL CEILING AND GLEAMING HARDWOOD FLOORS.  DINING ROOM CHANDELIER NOT INCL. ALSO 1 ROSE, 2 HOLY, AND 2 AZALEA BUSHES TO BE REMOVED.
Unit Size
196,397 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$1
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1885

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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 #30007826)

Price History

Date / Event Date Event Price
Jun 8, 1995 Sold
Premium
Sold
Sep 23, 1994 Listed by Barrett, Chris. J., REALTORS® $214,500
Listed by Barrett, Chris. J., REALTORS®

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1885
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,644
  • Total Building Area: 1,708
  • Gross Building Area: 2,658
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACK & STEWART
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wakefield School District
  • Census Tract: 335200

Zoning

  • Zoning: GR

Geography

  • Account Number: 11199
  • District: 305
  • Parcel: WAKE M:000008 B:0146 P:000030
  • Block: 146
  • Municipality: WAKEFIELD
  • Latitude: 42.4989
  • Longitude: -71.0835

    Address

  • Full Address: 9 Highland Ave
  • Address - House Number: 9
  • Address - Street Name: Highland
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2627
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $826,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.214
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 797,397
  • High Value: 968,089
  • Low Value: 626,705

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,900
  • Assessed Land Value: $380,700
  • Assessed Improvements Value: $354,200

    Sales

  • Current Sale Recording Date: Jun 08, 1995
  • Current Sale Price:
    Premium
  • Current 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:

$779,000

Sale Price/ft²

$453

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1957 ft²

Average Home Age

75.3 years

Currently For Sale

51 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 75 Pleasant St, Stoneham, 02180

$1,500 /mo

  • Studio
  • 1 Bath
75 Pleasant St, Stoneham, 02180 Listing by Inbound Real Estate
Unit for rent at 200 Quannapowitt Parkway, Wakefield, MA, 01880

$2,740 /mo

  • Studio
  • 1 Bath
  • 725 ft²
200 Quannapowitt Parkway #S4, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30007826

Frequently Asked Questions

When was property at 9 Highland Avenue built and last sold?
The property at 9 Highland Avenue was built in 1885 and last sold on Jan 1, 1970 for $205,000.
How much is this home worth?
The estimated value of the home located at 9 Highland Avenue is $4,680,116.
What are some comparable homes to 9 Highland Avenue?
There are currently no comparable homes to 9 Highland Avenue.
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