
1 Millbrook Lane #314 Wakefield — Photo 1 of 25
$439,900
Investment Analysis — 1 Millbrook Lane #314
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 2.53% cap rate and $11,110/yr in estimated NOI at the $439,900 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
697
Style
Condominium
Built
2002
Yes! Finally, a one bedroom unit is available at Millbrook Estates. Welcome to easy, comfortable, condo living in a well-maintained building in this quiet Wakefield location! This cozy one-bedroom condo offers thoughtful features throughout, including a spacious double closet in the bedroom, two additional closets in the entryway, and a dedicated storage unit conveniently located on the first floor. The lovely kitchen features cherry cabinetry, granite countertops, under-cabinet lighting, a pantry closet, and classic white appliances that are approximately one year old. The open, light-filled living space offers plenty of natural light. The full bath offers a tub and shower unit, tile flooring and a linen closet. In-unit laundry adds everyday convenience. Enjoy the ease of elevator access, professionally landscaped grounds, a dedicated parking space near the front of the building, and ample visitor parking. The building is well maintained, providing a comfortable and welcoming place to call home. Ideally situated near downtown Wakefield, Lake Quannapowitt, restaurants, shops, Shaw’s Supermarket, Life. Love. Cheese., and more, this home offers the perfect blend of peaceful surroundings and convenient access to everything you need. Whether you’re looking for a first home, a place to simplify, or a smart alternative to renting, this one is worth a look!
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wall to Wall Carpet, Cable Hookup, Open Floorplan
Kitchen
Lvl FirstCloset, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead
Primary Bedroom
Lvl FirstCloset, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Closet - Double
Bathroom 1
Lvl nullBathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Listing Agent: Maureen Grant
Listing Office: Brad Hutchinson Real Estate
MLS® Number: 73585721








