163 Prospect St #163 Wakefield — Photo 1 of 40
$775,000
Investment Analysis — 163 Prospect St #163
Wakefield, MA 01880
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01880 carries an estimated $3,110/mo in gross rent — about a 1.08% cap rate and $8,403/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,625
Style
Condominium
Built
1910
Beautifully renovated townhouse-style home offering the comfort & privacy of single-family living. The thoughtfully designed open floor plan features a spacious kitchen w SS appliances, breakfast bar & ample cabinetry opening to the formal dining rm. Inviting living rm w gas fireplace, bright sunroom & full ba complete the main level. Upstairs you'll find 3 spacious bdrms, full ba w double vanity, 2nd-floor laundry & linen closet. Rich hardwood floors run throughout, while the shared front mudroom w built-in benches provides a welcoming entry. Enjoy the convenience of a private driveway & entrance, exclusive yard space, plus storage in the expansive basement. Ideally situated close to downtown Wakefield, shopping, dining, Lake Quannapowitt & major commuter routes including I-93 & I-95.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 13
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First12 x 12
Flooring - Hardwood, Recessed Lighting, Lighting - Overhead
Kitchen
Lvl First18 x 12
Flooring - Hardwood, Exterior Access, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Pendant
Office
Lvl First11 x 8
Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Master Bedroom
Lvl Second13 x 12
Closet, Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second13 x 12
Bedroom 3
Lvl Second12 x 11
Closet, Flooring - Hardwood, Lighting - Overhead
Bathroom 1
Lvl First8 x 5
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 2
Lvl Second7 x 7
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Double Vanity, Recessed Lighting
Listing Agent: Team Ladner
Listing Office: RE/MAX Harmony
MLS® Number: 73555925
