3 Richardson St. #B4 Wakefield — Photo 1 of 14
$325,000
Investment Analysis — 3 Richardson St. #B4
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 3.68% cap rate and $11,964/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
588
Style
Condominium
Built
1971
Beautifully Updated Wakefield Condo!Welcome to this professionally updated 1-bedroom, 1-bath condominium offering stylish, low-maintenance living in the heart of Wakefield. This inviting unit features a move-in-ready space.Ideally located just moments from the commuter rail, Wakefield town center, and picturesque Lake Quannapowitt, you’ll enjoy convenient access to local shops, restaurants, recreation, and transportation. The unit also includes one deeded parking space for added convenience.Situated in the Terrace Condominiums, this property is an excellent opportunity for first-time buyers or anyone seeking a conveniently located home with modern updates. Schedule your showing today!
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 MLS and other third-party data may be inaccurate or out of date.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
Range • Dishwasher • Disposal • Microwave • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl SecondFlooring - Laminate, Window(s) - Picture, Cable Hookup
Kitchen
Lvl SecondFlooring - Laminate, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Remodeled
Primary Bedroom
Lvl SecondCloset, Flooring - Laminate, Window(s) - Picture
Bathroom 1
Lvl SecondBathroom - Full
Listing Agent: Vanessa Sheehan
Listing Office: Renvia Realty Group LLC
MLS® Number: 73586173
