
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 15
Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl First8 x 9
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances
Master Bedroom
Lvl First10 x 14
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl First10 x 13
Bathroom 1
Lvl First6 x 8
Bathroom - Full
Bathroom 2
Lvl First6 x 9
Bathroom - Full
Listing Agent: Jennifer Denisco
Listing Office: Cameron Prestige, LLC
MLS® Number: 73565498
