
252 Albion St #24 Wakefield — Photo 1 of 39
$625,000
Investment Analysis — 252 Albion St #24
Wakefield, MA 01880
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01880 carries an estimated $2,590/mo in gross rent — about a 2.28% cap rate and $14,276/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,890
Style
Condominium
Built
1999
A prime end-unit setting, sun-filled interiors, and exceptional walkability define this move-in-ready townhouse in Evergreen Estates. Ideally positioned overlooking the newly renovated garden courtyard with peaceful views from your kitchen, this West Side Wakefield townhome offers nearly 1,900 square feet of versatile living space with added privacy and abundant natural light due to its position in the complex. A dedicated dining room creates an inviting setting for entertaining, while the private deck extends your living space outdoors. Two bedrooms and 1.5 baths are complemented by an expansive third-level, offering a comfortable retreat for movie nights, home office or an additional lounge where everyone can spread out. This flexible bonus space adds another dimension to the home, with room to gather, entertain or simply relax away from the main living areas. Ample storage and an attached garage bring everyday practicality, complemented by central air, gas heat, and new kitchen appliances. Enjoy walking to downtown Wakefield’s restaurants, cafés and shops, playground, preschools, Galvin Middle, with the commuter rail close by for easy access to Boston. Set within a quiet community with exterior maintenance, lawn care and snow removal handled, this home pairs generous living space with a low-maintenance lifestyle in a location you’ll love with very low condo fees.
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 • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17 x 12
Flooring - Wall to Wall Carpet, Open Floorplan, Recessed Lighting
Dining Room
Lvl First17 x 10
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
Lvl First14 x 10
Flooring - Stone/Ceramic Tile, Balcony - Exterior, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting
Family Room
Lvl Second17 x 12
Flooring - Wall to Wall Carpet
Master Bedroom
Lvl Second15 x 11
Bathroom - Full, Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead
Bedroom 2
Lvl Second15 x 11
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Susan Gormady Group
Listing Office: Classified Realty Group
MLS® Number: 73573647
