21 Wildewood Dr Lynnfield — Photo 1 of 42
Recent Drop: $124,000
$2,375,000
Investment Analysis — 21 Wildewood Dr
Lynnfield, MA 01940
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01940 carries an estimated $4,300/mo in gross rent — about a 0.87% cap rate and $20,689/yr in estimated NOI at the $2,375,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
4
SqFt
5,607
Style
Single Family
Built
1977
Experience refined living in this sprawling brick ranch, thoughtfully renovated to blend modern luxury with timeless craftsmanship. This expansive home offers five spacious bedrooms, including a retreat-style primary suite with a spa-like ensuite bathroom and a generous walk-in closet designed for true comfort. The heart of the home is the dramatic cathedral-ceiling living room, seamlessly open to chef’s kitchen—an entertainer’s dream—featuring quartz countertops, custom cabinetry, and an impressive 48-inch, eight-burner gas range. Additional highlights include a custom mudroom with built-in cabinetry, an elegant sitting room with coffered ceilings, an in-ground pool accompanied by a charming brick pool house with its own bathroom, and a versatile upstairs recreational space ideal for an in-law or au pair suite. Set on a beautifully landscaped lot, this turnkey property offers the perfect blend of indoor luxury & outdoor enjoyment, showcasing exceptional attention to detail throughout
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 5,607 sq ft principal dwelling). Lot size: 37,941 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Wine Refrigerator • Range Hood
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First23.6 x 23.7
Cathedral Ceiling(s), Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead
Dining Room
Lvl Main,First17.5 x 15.1
Flooring - Hardwood, Open Floorplan, Recessed Lighting, Remodeled, Wainscoting, Lighting - Overhead
Kitchen
Lvl Main,First16.7 x 15.5
Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Slider, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant, Lighting - Overhead
Office
Lvl Second20.9 x 12.3
Flooring - Laminate
Family Room
Lvl Main,First21.11 x 15
Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead, Tray Ceiling(s)
Master Bedroom
Lvl Main,First20.11 x 17.8
Bathroom - Full, Bathroom - Double Vanity/Sink, Cathedral Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting, Remodeled, Lighting - Overhead
Bedroom 2
Lvl Main,First17.4 x 12.11
Bedroom 3
Lvl First14.2 x 11.1
Closet, Remodeled, Lighting - Overhead
Bedroom 4
Lvl First19.6 x 9.4
Closet, Remodeled, Lighting - Overhead
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl FirstBathroom - Full
Bathroom 3
Lvl FirstBathroom - Full
Property History
$2,375,000
Was $2,499,000
Aug 20, 2026
MLS® 73541260
$2,499,000
Jun 24, 2026
MLS® 73541260
Listing Agent: Hixon + Bevilacqua Home Group
Listing Office: Coldwell Banker Realty - Lynnfield
MLS® Number: 73541260
