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4 Days on market
61 Valley St #2 Wakefield — Photo 1 of 40

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.

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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 MLS and other third-party data may be inaccurate or out of date.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.

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Property Details

Financials

Original Price$779,000
Annual Taxes$7,160
HOA Fee$340

Parking

Garage1
Off-Street2

Interior Specifications

Total Rooms6
FireplacesNone
FlooringHardwood
BasementY

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningGR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

Third
Master BedroomBedroom 2
Second
Living RoomDining RoomKitchen
First
Family Room
Living Room
Lvl Second

20.666666666 x 14.5

Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl Second

10.333333333 x 13

Flooring - Hardwood

Kitchen
Lvl Second

10.416666666 x 13

Bathroom - Half, Flooring - Hardwood, Pantry, Countertops - Upgraded, Stainless Steel Appliances

Family Room
Lvl First

17.416666666 x 10.666666666

Flooring - Hardwood, Exterior Access, Recessed Lighting

Master Bedroom
Lvl Third

175 x 12.166666666

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood

Bedroom 2
Lvl Third

119 x 132

Listing Provided By

Listing Agent: The Dipietro And Bekkenhuis Group

Listing Office: LAER Realty Partners

MLS® Number: 73573562