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Wakefield 01880
97 Cedar St
$530,000
● House - Off Market

97 Cedar St

Wakefield, MA 01880
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,927 Ft²
$754,626
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

Welcome to 97 Cedar Street located in an ideal west side neighborhood within walking distance of the commuter rail, Lake Quannapowitt, Wakefield Center, and next to Moulton Park.   The first floor features an expansive kitchen, family room, dining room, and den which are complimented with  the original wood trim molding.  A spacious deck, which lends itself to entertaining, is located off of the kitchen and also invites you to enjoy the well-maintained backyard. Three generous sized bedrooms and a full bathroom complete the second floor.  The third floor, which is currently used as the master suite with a walk in closet and full bathroom, offers a variety of living options.  Do not miss out on the opportunity to call this your new home!
Unit Size
1,927 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$275
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1930

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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 #72542582)

Price History

Date / Event Date Event Price
Oct 29, 2019 Sold
Premium
Sold
Jul 31, 2019 Listed by New Homes Real Estate LLC $529,900
Listed by New Homes Real Estate LLC

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 598
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,352
  • Total Building Area: 1,927
  • Gross Building Area: 2,839
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000100
  • 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: 11017
  • District: 305
  • Parcel: WAKE M:000008 B:0267 P:0000H6
  • Block: 267
  • Municipality: WAKEFIELD
  • Latitude: 42.499
  • Longitude: -71.0791

    Address

  • Full Address: 97 Cedar St
  • Address - House Number: 97
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wakefield
  • Carrier Code: C012
  • 4-Digit Zip Code: 2739
  • Zip Code: 01880

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $700,500

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 77
  • Final Value: 751,173
  • High Value: 883,300
  • Low Value: 619,046

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,700
  • Assessed Land Value: $327,200
  • Assessed Improvements Value: $295,500

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 167629
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

$450

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1889 ft²

Average Home Age

68.4 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

$2,720 /mo

  • 1 Bed
  • 1 Bath
  • 687 ft²
200 Quannapowitt Parkway #A11B, 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# 72542582

Frequently Asked Questions

When was property at 97 Cedar Street built and last sold?
The property at 97 Cedar Street was built in 1930 and last sold on Oct 24, 2019 for $530,000.
How much is this home worth?
The estimated value of the home located at 97 Cedar Street is $553,479.
What are some comparable homes to 97 Cedar Street?
There are currently no comparable homes to 97 Cedar Street.
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