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    401 Main St, Unit 411 Wakefield, MA 01880-3017
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    Property profile & analytics

    401 Main St, Unit 411, Wakefield, MA 01880-3017

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    • Retail space
    • 18,488 SF
    • 0.28 lot acres
    Off-Market
    Last Sale Oct 31, 2022
    $2,850,000
    Property ID
    US38-1692685
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,965,000
    Show details
    Cap Rate Potential
    8.6%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Nails & Spa ARIA / Nail Salon

    Property Details for 401 Main St

    Year built
    1900
    Construction
    STEEL FRAME
    Lot size
    0.28 lot acres
    Zone code
    B
    Property type
    Retail space
    APN
    WAKE M:000012 B:0069 P:0175A+
    APU
    WAKEM000012B0069P0175A

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 31, 2022 $2,850,000 401 Main Street LLC Zarba RT Quit Claim Arm's Length For Ne States —
    Mar 17, 1994 — Zarba RT — Deed Of Trust · related $370k · Metropolitan Bk & Tr
    Mar 2, 1990 — Zarba RT — Deed Of Trust · related $425k · Metropolitan Bk & Tr
    May 12, 1988 — Zarba RT — Deed Of Trust · related $250k · Metropolitan Bk & Tr

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,080,000
      ML approach
      $3,080,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,430,000
      6.5%
      $4,090,000
      7%
      $3,795,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,824,000
      Market price range: $2.59M - $7.70M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $4,775,000
      APARTMENT HOUSE (5+ UNITS)
      $4,260,000
      OFFICE BUILDING
      $4,045,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wakefield
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0704
    Latitude
    42.5029
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $58,180
    $335,100
    $2,346,000
    $2,681,100
    -
    $0.00
    $0.00
    $0.00
    More about this property
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