8 Herbert St Wakefield — Photo 1 of 30
$649,900
Investment Analysis — 8 Herbert St
Wakefield, MA 01880
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01880 carries an estimated $3,110/mo in gross rent — about a 3.35% cap rate and $21,791/yr in estimated NOI at the $649,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,207
Style
Single Family
Built
1890
Pristine colonial on a quiet, low traffic street. Open concept floor plan for entertaining. Nicely updated kitchen with quartz countertops, breakfast bar and a brand new stove, opens to the spacious living room. Large master bedroom with double doors to deck that overlooks the level, fenced in yard. New flooring in all three bedrooms. Enclosed front room makes an excellent office or mud room. Close proximity to shopping, public transportation, parks, schools and restaurants.
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: 604 sq ft (the lesser of 900 sq ft or half the 1,207 sq ft principal dwelling). Lot size: 5,959 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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16 x 14
Kitchen
Lvl First15 x 14
Master Bedroom
Lvl First16 x 14
Bedroom 2
Lvl Second15 x 14
Bedroom 3
Lvl Second15 x 10
Bathroom 1
Lvl FirstListing Agent: Heidi Rossicone
Listing Office: Barrett, Chris. J., REALTORS®
MLS® Number: 73572041
