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1 Millbrook Lane #314 Wakefield — Photo 1 of 25

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.

View Standard Listing

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.

Open Houses

Property Details

Financials

Original Price$439,900
Annual Taxes$3,816
HOA Fee$413

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms3
FireplacesNone
FlooringTile, Carpet
BasementN

Climate & Utilities

HeatingBaseboard, Unit Control
CoolingCentral Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningSR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

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

First
Living RoomKitchenPrimary Bedroom
Unknown
Bathroom 1
Living Room
Lvl First

Flooring - Wall to Wall Carpet, Cable Hookup, Open Floorplan

Kitchen
Lvl First

Closet, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead

Primary Bedroom
Lvl First

Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Closet - Double

Bathroom 1
Lvl null

Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Listing Provided By

Listing Agent: Maureen Grant

Listing Office: Brad Hutchinson Real Estate

MLS® Number: 73585721