Active
24 Days on market
7 Ballister St #435 Wakefield — Photo 1 of 37

7 Ballister St #435 Wakefield — Photo 1 of 37

$649,000

Investment Analysis — 7 Ballister St #435

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 1.56% cap rate and $10,134/yr in estimated NOI at the $649,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,048

Style

Condominium

Built

2007

Welcome to luxury living at its finest in downtown Wakefield! This stunning 2-bedroom, 2-bathroom top-floor penthouse offers an exceptional two-level floor plan designed for effortless modern living. Step into a light-filled oasis where dramatic 15-foot vaulted ceilings and floor-to-ceiling windows flood the open-concept space with natural light.The main level features a beautifully equipped kitchen with granite countertops and stainless steel appliances, seamlessly flowing into the main living areas with stylish hardwood floors, carpeted bedrooms, and convenient in-unit laundry. Enjoy complete peace of mind with major mechanical updates, including a newer heating system/furnace (2020) and a brand-new hot water heater (2026).Upstairs, a versatile second-floor loft awaits your vision—perfect for a home office, media lounge, or reading nook. Step directly out from the loft onto your private, newly constructed (2024) composite deck, creating an ideal setting for outdoor entertaining or peaceful morning coffee.Additional highlights include an assigned temperature-controlled garage space and a private, secure storage locker. Residents enjoy top-tier community amenities, including a clubhouse with a kitchen and lounge space, plus a fully equipped fitness center. Superbly located just moments from Lake Quannapowitt, the Commuter Rail, and local dining—move right in and enjoy!

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

Property Details

Financials

Original Price$649,000
Annual Taxes$5,675
HOA Fee$651

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringFlooring - Wall to Wall Carpet
BasementN

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
Zoningr1

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenMaster BedroomBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

13 x 15

Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen
Lvl First

8 x 9

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances

Master Bedroom
Lvl First

10 x 14

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl First

10 x 13

Bathroom 1
Lvl First

6 x 8

Bathroom - Full

Bathroom 2
Lvl First

6 x 9

Bathroom - Full

Listing Provided By

Listing Agent: Jennifer Denisco

Listing Office: Cameron Prestige, LLC

MLS® Number: 73565498