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5 Days on market
69 Foundry St #206 Wakefield — Photo 1 of 27

69 Foundry St #206 Wakefield — Photo 1 of 27

$515,000

Investment Analysis — 69 Foundry St #206

Wakefield, MA 01880

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 01880 carries an estimated $2,180/mo in gross rent — about a 2.00% cap rate and $10,291/yr in estimated NOI at the $515,000 list price. Adjust every assumption in the calculator below.

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Beds

1

Baths

1

SqFt

689

Style

Condominium

Built

2019

Welcome to the highly sought-after Foundry Residences! This beautifully appointed one-bedroom condominium offers an open-concept floor plan filled with natural light and designed for comfortable everyday living. The stylish kitchen features white shaker cabinetry, tiled backsplash, granite counters, stainless steel appliances, and a convenient breakfast bar that opens seamlessly to the spacious living area. High ceilings enhance the bright and airy feel throughout. The generous bedroom offers abundant closet space, while the well-appointed bath with tiled shower/tub combo includes a convenient linen closet for added storage. Sliding glass doors off the living room lead to a private patio overlooking the beautifully maintained common courtyard with grilling area, providing the perfect spot to relax and unwind. Additional highlights include in-unit laundry, deeded garage parking, and access to a function room for residents. Ideally located just moments from picturesque Lake Quannapowitt and the shops, restaurants, and amenities of vibrant Wakefield Center, this exceptional home combines style, convenience, and modern living in one of the area's most desirable communities.

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.

Immersive Experience

Open Houses

Property Details

Financials

Original Price$515,000
Annual Taxes$4,959
HOA Fee$386

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms4
FireplacesNone
FlooringTile, Vinyl
BasementN

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
Foundation--
ZoningI

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomPrimary BedroomBathroom 1
Unknown
Dining Room
Main,First
Kitchen
Living Room
Lvl First

11.8 x 14.3

Flooring - Vinyl, Balcony - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Slider

Dining Room
Lvl null

12.166666666 x 5.333333333

Kitchen
Lvl Main,First

8.916666666 x 8.833333333

Flooring - Vinyl, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant

Primary Bedroom
Lvl First

10.916666666 x 13.25

Closet, Flooring - Vinyl, Recessed Lighting

Bathroom 1
Lvl First

10.916666666 x 6.833333333

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: Hixon + Bevilacqua Home Group

Listing Office: Coldwell Banker Realty - Lynnfield

MLS® Number: 73572729