
19-33 Richardson Avenue #31 Wakefield — Photo 1 of 36
$659,900
Investment Analysis — 19-33 Richardson Avenue #31
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 2.37% cap rate and $15,661/yr in estimated NOI at the $659,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,380
Style
Condominium
Built
1900
Be among the first to preview Richardson Court, an exciting new condominium community featuring just 8 residences. Phase I introduces this elegant 6-room, 3 bedroom, two-bath townhome, ideally situated just moments from downtown Wakefield's shops and restaurants, Lake Quannapowitt, and the commuter rail station. This beautifully updated home blends timeless charm with modern conveniences. The first floor features a renovated kitchen with classic white cabinetry, a stylish tile backsplash, and luxury vinyl plank flooring. Spacious living and dining areas offer abundant natural light, with the living room showcasing a cozy wood-burning fireplace and the dining room featuring a charming built-in china cabinet. A beautifully updated full bath completes the main level. Upstairs, you'll find three generously sized bedrooms and a modern full bath. Additional highlights include a full walk-out basement, two off-street parking spaces, and an unbeatable location offering easy access to everything Wakefield has to offer.
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 MLS and other third-party data may be inaccurate or out of date.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 • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First13.916666666 x 12.333333333
Flooring - Wood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Dining Room
Lvl Main,First12.25 x 14.333333333
Closet/Cabinets - Custom Built, Flooring - Wood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Kitchen
Lvl Main,First10.666666666 x 12.333333333
Flooring - Stone/Ceramic Tile, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Remodeled, Gas Stove, Lighting - Overhead
Master Bedroom
Lvl Second13.916666666 x 11.666666666
Closet, Flooring - Wood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 2
Lvl Second11.166666666 x 12.333333333
Bedroom 3
Lvl Second10.666666666 x 11.5
Closet, Flooring - Wood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bathroom 1
Lvl Main,First8.083333333 x 4.75
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Lighting - Overhead
Bathroom 2
Lvl Second9.083333333 x 5.166666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Lighting - Overhead
Listing Agent: Joyce Diliegro
Listing Office: J. Barrett & Company
MLS® Number: 73565584
