Property profile

316 Main St Wakefield, MA 01880

OFF-MARKET
Investment properties
Property ID
US38-0258094
3,668 SF 0.22 ac lot Built 1822
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1822
Construction FRAME
Total area 3,668 SF
Lot 0.22 ac (9,392 SF)
Zoning code B
APN WAKE M:000017 B:0087 P:000084
UPID US38-0258094

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

316 Main St Wakefield, MA 01880-5022
Wakefield metro Census 335100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2023
Last sale
$390,000
4 recorded transactions
2023
Price N/A
2021
Price N/A
2018
Price N/A
2009
$390,000

Zoning & alternative use

B · Wakefield, MA
Zoning description

b) negotiate in good faith for shared use by third parties; c) allow shared use if an applicant for shared use agrees in writing to pay reasonable rental charges or other consideration and to pay all costs of adapting th…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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