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Wakefield 01880
9 Nichols Street
Photo of 9 Nichols Street
Sold on Aug 19, 2011

1

Map

$347,000
● House - Off Market

9 Nichols Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,340 Ft²
$723,702
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Step back in time and enjoy all of the comforts of this charming Colonial located in the desirable West Side, within walking distance to Lake Quannapowitt and its' beautiful surroundings. This wonderful home has been well maintained with newer windows, roof, vinyl siding and a Weil McLain heating system.  The large dining room offers a built-in hutch. Nicely located on a corner lot with excellent curb appeal and a very inviting front porch. A handy, huge shed is included.
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$260
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1923

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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 #71238844)

Price History

Date / Event Date Event Price
Aug 19, 2011 Sold
Premium
Sold
May 26, 2011 Listed by Century 21 Commonwealth $349,000
Listed by Century 21 Commonwealth

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 651
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,039
  • Total Building Area: 1,340
  • Gross Building Area: 2,207
  • Building Area: 1,340
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,340
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

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

Zoning

  • Zoning: SR

Geography

  • Account Number: 7245
  • District: 305
  • Parcel: WAKE M:000006 B:0160 P:00079A
  • Block: 160
  • Municipality: WAKEFIELD
  • Latitude: 42.5063
  • Longitude: -71.0843

    Address

  • Full Address: 9 Nichols St
  • Address - House Number: 9
  • Address - Street Name: Nichols
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C019
  • 4-Digit Zip Code: 1517
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $747,600

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 734,020
  • High Value: 848,735
  • Low Value: 619,306

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,500
  • Assessed Land Value: $391,100
  • Assessed Improvements Value: $273,400

    Sales

  • Current Sale Recording Date: Aug 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000014
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

$454

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2090 ft²

Average Home Age

85.2 years

Currently For Sale

45 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,120 /mo

  • 1 Bed
  • 1 Bath
  • 962 ft²
200 Quannapowitt Parkway #A8, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71238844

Frequently Asked Questions

When was property at 9 Nichols Street built and last sold?
The property at 9 Nichols Street was built in 1923 and last sold on Jan 1, 1970 for $347,000.
How much is this home worth?
The estimated value of the home located at 9 Nichols Street is $365,378.
What are some comparable homes to 9 Nichols Street?
There are currently no comparable homes to 9 Nichols Street.
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