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5 Days on market

78 Forest St #78 Wakefield — Photo 1 of 41

$749,000

Investment Analysis — 78 Forest St #78

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 3.31% cap rate and $24,762/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,664

Style

Condominium

Built

1900

Welcome to 78 Forest Street, a beautifully updated Wakefield townhouse that offers all the space, charm, and privacy of a single-family home. Featuring 3 spacious bedrooms, 2 full baths, and custom built-in closets throughout, this turn-key home blends modern sophistication with effortless everyday living. At the heart of the home, the light-filled, open eat-in kitchen showcases new cabinetry, sleek quartz countertops, and a cozy gas fireplace—flowing seamlessly out to a private deck. Beyond lies an expansive, tranquil backyard overlooking peaceful protected wetlands, complete with a fire pit area ideal for outdoor entertaining.The impressive main-level primary suite serves as a true private retreat, offering custom built-ins and a dedicated sitting room. Upstairs, you’ll find two well-proportioned bedrooms, a full ceramic tile bath, and a sun filled flex space—perfect for a home office or a cozy reading nook.Finished with two off-street parking spaces and situated just steps from the commuter rail, this exceptional home delivers unbeatable convenience, modern luxury, and prime location.

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 MLS and other third-party data may be inaccurate or out of date.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