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276 Albion #5 Wakefield — Photo 1 of 9

276 Albion #5 Wakefield — Photo 1 of 9

$365,000

Investment Analysis — 276 Albion #5

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 4.08% cap rate and $14,902/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

780

Style

Condominium

Built

1975

Move right in to this well laid out 2 bedroom condo in desirable Wakefield! This CORNER UNIT features an open concept living/dining room with a pass-through to the kitchen, while both bedrooms and bathroom are situated adjacent providing privacy. Enjoy updated appliances, fresh paint and brand new carpet. Great closet space throughout. You'll feel right at home in this well-loved unit in a friendly building! Heat included in condo fee, off-street parking, on-site laundry and additional storage space. This location cannot be beat, across from a park and less than ½ mile to commuter rail and bus to Boston, and ½ - 1 mile to vibrant Downtown with many great restaurants and shopping! Less than 1 mile to much beloved Lake Quannapowitt where seasonal farmers market and community events are held each year including one of the biggest Fourth of July Parades. Great opportunity to live life in a quintessential New England town just north of Boston! Easy access to all major highways. Why rent when you can own!

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$365,000
Annual Taxes$4,023.67
HOA Fee$391.2

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms5
FireplacesNone
FlooringTile, Carpet
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air, Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningGR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Main,First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2
Living Room
Lvl Main,First

11 x 13

Flooring - Wall to Wall Carpet, Open Floorplan

Dining Room
Lvl Main,First

10 x 4

Flooring - Wall to Wall Carpet, Lighting - Overhead

Kitchen
Lvl Main,First

12 x 8

Flooring - Stone/Ceramic Tile, Lighting - Overhead

Primary Bedroom
Lvl Main,First

13 x 12

Closet, Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Main,First

13 x 9

Listing Provided By

Listing Agent: Leslie Belkner

Listing Office: Real Broker MA, LLC

MLS® Number: 73583796