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21-21A Princess St, Wakefield, MA, 01880

$999,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 3 Partial
3,500 SqFt
$285/SqFt
Multi
Schools Nearby

Location

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21-21A Princess St, Wakefield$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved Drive, Off Street, Driveway, Other
Year Built1880
HeatingBaseboard, Other, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Lake Front
MLS #73208182
Lot Size0.08 Acres
StatusActive

About 21-21A Princess St

Mixed use building just off Main Street with two income generating residential units upstairs, each consisting of 5 rooms/2 bd/1bath and a commercial space at the street level. Residential units are Tenants -at-Will and are currently fetching $3700 gross income. The commercial space is a fully equipped restaurant, is handicap accessible, and includes 2 patron restrooms, as well as a third half bath for employee's use. There's a great outside patio area and plenty of freezer storage in the basement. A savvy investor will do quite well to put this downtown business space back into good use. All units are separately heated with newer systems and are equipped with their own electric panel. This building's roof was replaced over the past 3 years. Full sprinkler system is in place. Proof of funds are REQUIRED prior to scheduling a full tour of this property. **See for additional photos of restaurant space MLS Listing #73183156

Property Details

Property Features

Property Information:

  • Year Built: 1880
  • Living Area: 3,500 SqFt

Listing Office:

  • Office Name: Realty Direct Somerville
  • Listing Agent: Richard Spinosa

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
  • Basement: Yes
  • Interior: Living Room, Dining Room, Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Beach, Lake Front

Parking Information:

  • Parking: Paved Drive, Off Street, Driveway, Other

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Wakefield Memorial High School, Public District Grades 9-12
  • Galvin Middle School, Public District Grades 5-8
  • Dolbeare, Public District Grades PK-4
  • Woodville School, Public District Grades PK-4

Other

Directions Information:

  • Directions: off main street in Downtown Wakefield

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $285/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
  • Seller's Agent Commission: 2
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Housing Market Comparison

See how this home compares to others in Wakefield, MA.

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Wakefield, MA

City

Med. Sold Price

$715K

Med. Price/SqFt

$413

Avg. Days On Market

31

# of Sold Homes

8

21-21A Princess St vs Wakefield

56 DAYS ON ROCKET

+25 Days

$999,000

+$284K More

$285/SqFt

-$129 Less

KEY TAKEAWAY

This property is $284K more than the Median Sold Price and $129/SqFt less than other homes in Wakefield, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73208182

Listing Office:

  • Office Name: Realty Direct Somerville
  • Listing Agent: Richard Spinosa

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/30/2024, 12:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 01, 2004Home Sold
$579,000
Aug 04, 1999Home Sold
$218,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $767,700
2020 - $724,400
2019 - $651,500
2018 - $468,600
2017 - $448,400

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3422928
8
/10

  • Dolbeare

  • 340 Lowell St

  • 1.05 miles

  • Public District Grades PK-4

school-card-donut-3422929
4
/10

  • Woodville School

  • 30 Farm St

  • 1.08 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3422930
6
/10

  • Galvin Middle School

  • 525 Main St

  • 0.25 miles

  • Public District Grades 5-8

High School

school-card-donut-3422931
7
/10

  • Wakefield Memorial High School

  • 60 Farm St

  • 1.08 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $86,773. Most Wakefield, MA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Middlesex County›Wakefield›01880›21-21A Princess St

This home is located at 21-21A Princess St in Wakefield, MA and zip code 01880. This 3,500 square foot home, which was built in 1880, sits on a 0.08 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $999,000.

In March 2024, from all listings sold in Wakefield, MA there were more than 5 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Wakefield, MA real estate market has seen increase in the number of listings by 8.3%. In March 2024 median list price was $715,000 and the average listing age was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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