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83 Cedar Street, Wakefield MA 01880

$800,000

Estimated $2,091/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $400,000

Total Rent: 21300/year

Estimated CAP Rate:

4 Bedrooms

Baths

2856

Total Parking: 6

16,400 (0.38)

Beautifully updated West side two family home available. This home has a large, level lot, lots of off street parking, is just .3 miles from the commuter rail and downtown Wakefield and both units have been updated. The first floor unit is occupied by model tenants and they would like to stay. This unit has high ceilings, hardwood floors, and updated kitchen with granite counters and gas cooking. There is a deck off the back of this unit. The second floor unit is two levels and has a beautiful updated kitchen with granite counters and stainless appliances, two full updated bathrooms, in unit laundry and three good sized bedrooms. This unit also has a deck off the kitchen overlooking the large yard. Close to Lake Quannapowitt and all that downtown Wakefield has to offer. Showings start at the OH Saturday 4.15.23 from 1-3pm and Sunday 4.16.23 from 1-3. Offers, if any, will be reviewed Tuesday 4.18.23 at noon.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 6:36am (Source: MLS PIN #73098570)

Gross Income: $21,300

Gross Expenses: $9,522

Net Income Calc: $11,778

Water Views

Annual Expenses for 83 Cedar Street, Wakefield MA 01880

Total Gross Expenses (Calculated)$9,522/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9522

Annual Income & Unit Breakdown for 83 Cedar Street, Wakefield MA 01880

Total Gross Income (Calculated)$21,300

Unit 1

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 83 Cedar Street, Wakefield MA 01880

Listing ID73098570

Property TypeMulti Family / 2 Family

Price800000 ($280.11/SqFt)

Style2 Family - 2 Units Up/down

CityWakefield

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2856

Approximate Lot Size (Acres)0.38

Total Parking6

Garage Parking0

Year Built1905

Year Built SourcePublic Records

Year Built DetailsRenovated Since

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRes

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 83 Cedar Street, Wakefield MA 01880

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsKitchen Table

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 83 Cedar Street, Wakefield MA 01880

Real Estate Taxes9522

Tax Year2023

Assessed Value$811,800

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 83 Cedar Street, Wakefield MA 01880

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 83 Cedar Street, Wakefield MA 01880

Agent

Name: The Piracini Group

Office

Name: Compass

Phone: 617-752-6845

Payment Calculator

, Interest

Property Taxes 793.5

Principal & Interest 4929.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

The Piracini Group

Agent Phone

Office Phone

(617) 752-6845

Text Agent Call Agent Call Office

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    [unparsed] => 83 Cedar Street, Wakefield MA 01880
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EXIT

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