Active
35 Days on market
77 Farm St. Wakefield — Photo 1 of 31

77 Farm St. Wakefield — Photo 1 of 31

Recent Drop: $5,000

$1,495,000
$1,490,000

$1,490,000

Investment Analysis — 77 Farm St.

Wakefield, MA 01880

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01880 carries an estimated $3,430/mo in gross rent — about a 2.10% cap rate and $31,281/yr in estimated NOI at the $1,490,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

3,040

Style

Single Family

Built

2026

A truly one-of-a-kind new construction home in the heart of Wakefield, thoughtfully designed with exceptional attention to every detail. Set on a private .64-acre lot, this stunning single-level residence was created with both beauty and everyday living in mind, offering a warmth and individuality rarely found in new construction.The seller poured tremendous thought and passion into the design of this home, carefully considering the flow, finishes, functionality, and character of each space. The result is a home that feels custom, sophisticated, and inviting from the moment you enter.At the heart of the home is an expansive open-concept family room and sunroom, filled with natural light and designed for effortless entertaining and comfortable everyday living. The beautifully planned primary suite offers a true private retreat, complete with a spacious bath and generous walk-in closet. Step outside to the private deck and peaceful backyard—perfect for dining outdoors, relaxing, or enjoying time with family and friends.Adding even more potential is an approximately 2,500-square-foot walkout basement, offering an incredible opportunity for future finished living space, a home gym, entertainment area, office, or extended-family accommodations.The location is equally special. Breakheart Reservation is directly across the street, placing miles of walking and hiking trails, swimming, biking, and picturesque outdoor spaces right outside your door. Wakefield’s newly constructed high school facilities are also just across the street, while Routes 95/128, 93, and Route 1 are all easily accessible.This is not a typical builder home—it is a thoughtfully conceived, individually designed property created with pride, passion, and an eye toward making every space feel special. A rare opportunity to enjoy privacy, convenience, nature, and brand-new construction in one of Wakefield’s most desirable locations.Showings by appointment only. Property is located on a private way; please do not enter without a confirmed appointment. Selling agent is related to seller.** Fourth bedroom being finished before closing

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,040 sq ft principal dwelling). Lot size: 28,000 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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

Original Price$1,495,000
Annual Taxes$1

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementFull, Walk-Out Access, Radon Remediation System, Concrete, Unfinished

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.64
SqFt Lot28,000
Lot FeaturesWooded, Easements

Amenities & Appliances

Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Tennis Court(s) • Walk/Jog Trails • Golf • Bike Path • Conservation Area • Highway Access

Geography

Property History

Price Drop
$1,490,000

Was $1,495,000

Sep 2, 2026

MLS® 73561046

Listed
$1,495,000

Aug 8, 2026

MLS® 73561046

Listing Provided By

Listing Agent: Patrick Casey

Listing Office: LXTN Realty

MLS® Number: 73561046