
22 Park St #B Wakefield — Photo 1 of 29
Recent Drop: $30,000
$809,000
Investment Analysis — 22 Park St #B
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 2.01% cap rate and $16,294/yr in estimated NOI at the $809,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,606
Style
Condominium
Built
1960
***PRICE IMPROVEMENT***TURNKEY | FULLY RENOVATED | PRIME WAKEFIELD LOCATION | 2 DEEDED PARKING SPACESWelcome to this beautifully renovated 3-bedroom, 1.5-bath home offering the perfect combination of modern style, thoughtful updates, and unbeatable convenience in a prime Wakefield location. Truly move-in ready, this turnkey residence features a bright, open-concept first floor designed for today’s lifestyle. The renovated kitchen is a standout, showcasing brand-new cabinetry, stainless steel appliances, elegant stone countertops, and new hardwood flooring. The open layout creates a seamless flow between the kitchen, dining, and living areas, with abundant natural light providing a warm and inviting atmosphere. A conveniently located fully remodeled half bath completes the main level. Upstairs, discover three well-proportioned bedrooms, a fully updated full bathroom, and a functional layout offering flexibility for today’s needs. The finished lower level, featuring new vinyl flooring, provides valuable additional living space—perfect for a home gym, playroom, office, media room, or recreation area. Step outside to your private patio, an ideal extension of the living space for outdoor dining, entertaining, or simply relaxing. Plus, two deeded parking spaces provide exceptional everyday convenience.Location is everything—and this home delivers. Enjoy Lake Quannapowitt just moments away, along with easy access to downtown Wakefield restaurants, shopping, parks, recreation, and the commuter rail. With extensive updates, flexible living space, private outdoor space, and parking, this is a fantastic opportunity to enjoy modern living in one of Wakefield’s most desirable locations.Don't miss this move-in-ready Wakefield gem!
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
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Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First18 x 12
Closet, Flooring - Hardwood, Open Floorplan, Recessed Lighting
Kitchen
Lvl First17 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting
Master Bedroom
Lvl Second12 x 12
Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl Second11 x 13
Bedroom 3
Lvl Second7 x 9
Flooring - Hardwood, Recessed Lighting
Bathroom 1
Lvl First5 x 8
Bathroom - Half, Flooring - Stone/Ceramic Tile, Recessed Lighting
Bathroom 2
Lvl Second7 x 7
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Recessed Lighting
Property History
$809,000
Was $829,000
Sep 9, 2026
MLS® 73533245
$829,000
Was $839,000
Aug 6, 2026
MLS® 73533245
$839,000
Jun 10, 2026
MLS® 73533245
Listing Agent: Krassi Diehl
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73533245
