
61 Valley St #2 Wakefield — Photo 1 of 40
$779,000
Investment Analysis — 61 Valley St #2
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 1.59% cap rate and $12,381/yr in estimated NOI at the $779,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2.5
SqFt
2,199
Style
Condominium
Built
2020
Meticulously maintained and move-in ready, this beautiful townhome offers three levels of spacious living in a convenient Wakefield location! Built ln 2020, the home features 2 bedrooms, 2.5 baths along with thoughtfully designed living space. The main level boasts beautiful hardwood floors, recessed lighting, a spacious living room with direct access to a private deck, and a stunning kitchen featuring stainless steel appliances, a center island, ample cabinetry, and a dining area—perfect for everyday living and entertaining. Upstairs, you’ll find two generously sized bedrooms, each complete with its own en-suite bath and walk-in closet, along with conveniently located laundry. The finished lower level provides fantastic bonus space ideal for a family room, home office, gym, or guest space and offers direct access to a private covered patio. An attached garage adds even more convenience. Ideally situated near downtown Wakefield’s restaurants, shops, commuter options, and beautiful Lake Quannapowitt, this townhome offers the perfect combination of space, comfort, and location!
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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Second20.666666666 x 14.5
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl Second10.333333333 x 13
Flooring - Hardwood
Kitchen
Lvl Second10.416666666 x 13
Bathroom - Half, Flooring - Hardwood, Pantry, Countertops - Upgraded, Stainless Steel Appliances
Family Room
Lvl First17.416666666 x 10.666666666
Flooring - Hardwood, Exterior Access, Recessed Lighting
Master Bedroom
Lvl Third175 x 12.166666666
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
Bedroom 2
Lvl Third119 x 132
Listing Agent: The Dipietro And Bekkenhuis Group
Listing Office: LAER Realty Partners
MLS® Number: 73573562
