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46 Richardson St, Wakefield MA 01880

Wakefield, MA 01880
$579,250
7
Beds
3
Baths
2,640
Sq Ft
$219
Price/Sq Ft
0.30
Acres
1910
Year Built
2
Garage Spaces
113
Days on Market
Closed Listed Jul 26, 2017 • MLS# 72203876 Copied! • Updated Dec 14, 2017

Sale Statistics

Sale Overview
Original List Price: $675,000
Final Sale Price: $579,250
Difference: $95,750 (-14.2%)
Performance Metrics
85.8%
List to Sale Ratio
Sold below asking price
113
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $256
Sale $/sq ft: $219
This property sold for $219 per square foot
Sale Summary

This property sold for 14.2% below the original asking price.

At 113 days on market, this property took longer than average to sell.

About this home

Wonderful opportunity, 3 family dwelling in residential neighborhood yet close to shopping and transportation. Expansive first floor unit. Large open concept kitchen and dining room. In unit laundry. Great space. The 2nd floor is separated into two 4 room apartments, one a 2 bedroom the other a single bedroom. These units have gas stoves. 2 car detached garage. large back yard and nice patio area. fully leased nice investor opportunity.

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Recently Sold Nearby

Property History

Market Insights

3.4%
Price Range
115
Total Days on Market

Property Timeline

Sold
Dec 14, 2017
$579,250
Property sold
Days on Market: 115
🏠
Listed for Sale
Jul 26, 2017
$599,900
Original listing
Agent: Christopher Barrett Office: Barrett, Chris. J., REALTORS®

Tax History

Year Taxes Assessment
2017 $6,673 $512,100

Financial Details

Annual Property Tax
$6,673
Tax Year 2017
Assessed Value
$512,100

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1910
Living Area 2,640 sq ft
Lot Size 0.30 acres
Bedrooms 7
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $1,595/mo · Y
Unit 2 Rent $1,075/mo · Y
Unit 3 Rent $1,060/mo · Y
Total Monthly Rent $3,730/mo
Gross Income $44,760
Net Operating Income $44,760
Cap Rate 7.46%
Heating None
Cooling None
Flooring Wood, Plywood, Tile, Vinyl, Carpet, Varies, Laminate, Hardwood
Appliances Range, Oven
Fireplace None
Basement Partial, Crawl Space, Walk-out Access, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof None
Features Varies Per Unit
Pool None
Spa None
Fencing None
Patio/Porch Enclosed, Patio
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 8
Electric Fuses, Circuit Breakers, Individually Metered, Varies Per Unit
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup, Varies Per Unit

Financial

Annual Tax $6,673
Assessed Value $512,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Owners Have Not Occupied The Property For Many Years And Make No Representations As To Present Condition. 2 - 1st Floor Apartment Bedrooms Do Not Have Closets. 1st Floor Tenants Own The Refrigerator And W/d. Inground Pool Has Not Been Opened In Years.
Possession None
Accepted Financing None
Structure Type []
House Color Blue
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 115 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
7
Full Bathrooms
3
Living Area
2,640 sq ft
Total Rooms
14
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Plywood, Tile, Vinyl, Carpet, Varies, Laminate, Hardwood
Appliances: Range, Oven
Interior Features: Living Room, Dining Room, Kitchen
Windows:
Basement: Partial, Crawl Space, Walk-Out Access, Interior Entry, Dirt Floor, Concrete, Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials: Frame
Roof:
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features: Varies per Unit

Exterior & Lot

Exterior Features: Varies per Unit
Patio & Porch: Enclosed, Patio
Fencing:
Other Structures:
Lot Features: Level
Road Frontage: 79.00 ft
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street
School District
Wakefield School District local
A-
School Safety 2024-25
0.5% Low
0.5% Suspensions 0.3% In-School
5.0% below state avg
E

Elementary Schools

6 schools
St. Joseph Elementary School
0.7 mi
Grades PK-08
A-
Woodville School
0.7 mi | #192 of 824 | Score: 55.5
Improved 38 spots from last year
-2.7 below state avg
456 students Moderate
Rising School
Grades PK-04
Early Childhood Center at the Doyle School
1.0 mi
128 students Moderate
Grades PK
B+
Walton School
1.2 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
A
Dolbeare School
1.3 mi | #153 of 824 | Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students Less Diverse
Rising School
Grades K-04
A-
Greenwood School
1.3 mi | #194 of 824 | Score: 55.4
Improved 55 spots from last year
-2.8 below state avg
227 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.4 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

4 schools
EMARC - Life Choices & Employment Services
0.3 mi
Grades 09-12
A-
Wakefield Memorial High School
1.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
1.2 mi | #141 of 346 | Score: 56.5
Improved 81 spots from last year
-1.7 below state avg
1,381 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Nazareth Academy
1.2 mi
Grades 09-12
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Location

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Neighborhood

46 Richardson St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Christopher Barrett
Listing Office Barrett, Chris. J., REALTORS®
Office Phone 781-245-5011
Agent MLS ID BB813103
Office MLS ID B50201
Listing Data Updated Dec 14, 2017 11:17 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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