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Wakefield 01880
97 Butler Ave.
$384,900
● House - Off Market

97 Butler Ave.

Wakefield, MA 01880
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,485 Ft²
$820,417
RealtyHop Estimate
110.42%
Since May 1, 2003
MA-Boston
Primary Model

About This Property

THIS EMBANKMENT CAPE IN IMPECCABLE CONDITION OFFERS CHARM & WARMTH IN EVERY ROOM. LARGE COUNTRY KIT., FP LR,3 SEASON PORCH LEADS TO DECK. LOWER LEVEL HAS ADDITIONAL KITCHEN, FR, BR AND BATH. GREAT FOR THE EXTENDED FAMILY. DON'T MISS IT.
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$263
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1950

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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: 6 months ago (MLSPIN #30685224)

Price History

Date / Event Date Event Price
Apr 25, 2003 Sold
Premium
Sold
Jan 29, 2003 Listed by Century 21 Greer's R. E. $389,900
Listed by Century 21 Greer's R. E.
Oct 13, 2000 Sold
Premium
Sold
Aug 4, 2000 Listed by Century 21 Greer's R. E. $339,900
Listed by Century 21 Greer's R. E.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 9
  • Basement Area: 828
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,665
  • Total Building Area: 2,329
  • Gross Building Area: 3,036
  • Building Area: 2,329
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,329
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAKEFIELD
  • Land Acres: 0000000314
  • 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: 59918
  • District: 305
  • Parcel: WAKE M:000030 B:0003 P:0000B1
  • Block: 3
  • Municipality: WAKEFIELD
  • Latitude: 42.5054
  • Longitude: -71.0563

    Address

  • Full Address: 97 Butler Ave
  • Address - House Number: 97
  • Address - Street Name: Butler
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C007
  • 4-Digit Zip Code: 2508
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $901,700

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 890,680
  • High Value: 1,037,217
  • Low Value: 744,143

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $801,500
  • Assessed Land Value: $400,500
  • Assessed Improvements Value: $401,000

    Sales

  • Current Sale Recording Date: Apr 25, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1293
  • Previous Sale Recording Date: Oct 13, 2000
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: 71
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:

$774,900

Sale Price/ft²

$455

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2075 ft²

Average Home Age

81.7 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 200 Quannapowitt Parkway, Wakefield, MA, 01880

$3,720 /mo

  • 2 Beds
  • 2 Baths
  • 1,057 ft²
200 Quannapowitt Parkway #B16B, Wakefield, MA, 01880 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 30685224

Frequently Asked Questions

When was property at 97 Butler Avenue built and last sold?
The property at 97 Butler Avenue was built in 1950 and last sold on Jan 1, 1970 for $384,900.
How much is this home worth?
The estimated value of the home located at 97 Butler Avenue is $408,063.
What are some comparable homes to 97 Butler Avenue?
There are currently no comparable homes to 97 Butler Avenue.
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