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Wakefield 01880
93 Prospect Street
$600,000
● House - Off Market

93 Prospect Street

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,515 Ft²
$986,106
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

Pride of ownership like no other, immaculate and well cared for! This gorgeous 3 bedroom, 2 bath ranch features a large master bedroom with tray ceiling and bath, fully remodeled eat in kitchen with granite counter tops, open floor plan dining room, hardwood floors, central air, living room with a gas fireplace, four season sun room, vaulted ceilings, pocket doors, wrap around mahogany deck, lots of wonderful sun filled windows, beautiful natural woodwork, skylights, large unfinished basement...clean clean clean, 2 car attached garage and a beautiful front entry to welcome all your family and friends.
Unit Size
1,515 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$380
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1993

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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 months ago (MLSPIN #71958446)

Price History

Date / Event Date Event Price
Mar 31, 2016 Sold
Premium
Sold
Feb 11, 2016 Listed by Keller Williams Realty Metropolitan $575,000
Listed by Keller Williams Realty Metropolitan
Sep 2, 1993 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,515
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,382
  • Total Building Area: 1,515
  • Gross Building Area: 3,884
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOSEPH HOTIN
  • Land Acres: 0000000307
  • 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: 88313
  • District: 305
  • Parcel: WAKE M:000006 B:138A P:000108
  • Block: 138A
  • Municipality: WAKEFIELD
  • Latitude: 42.5042
  • Longitude: -71.0862

    Address

  • Full Address: 93 Prospect St
  • Address - House Number: 93
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C022
  • 4-Digit Zip Code: 1571
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $939,300

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 890,827
  • High Value: 1,047,936
  • Low Value: 733,719

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $834,900
  • Assessed Land Value: $404,300
  • Assessed Improvements Value: $430,600

    Sales

  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 48664
  • Previous Sale Recording Date: Sep 02, 1993
  • Previous Sale Amount: $116,000
  • 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:

$785,000

Sale Price/ft²

$449

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1956 ft²

Average Home Age

73.3 years

Currently For Sale

49 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

$4,970 /mo

  • 3 Beds
  • 2 Baths
  • 1,402 ft²
200 Quannapowitt Parkway #C4, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71958446

Frequently Asked Questions

When was property at 93 Prospect Street built and last sold?
The property at 93 Prospect Street was built in 1993 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 93 Prospect Street is $592,111.
What are some comparable homes to 93 Prospect Street?
There are currently no comparable homes to 93 Prospect Street.
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