Investment Analysis — 8 Birch Hill Ave

Wakefield, MA 01880 — Wakefield Junction

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 2.56% cap rate and $21,161/yr in estimated NOI at the $825,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,746

Style

Single Family

Built

1880

Charming colonial home blending period character with thoughtful updates, tucked away on a quiet street. Freshly painted with high ceilings on the main level, the traditional floor plan features a spacious kitchen with gas range, quartz countertops, soft-close cabinetry and a slider to the 16x15 composite deck—perfect for easy indoor/outdoor entertaining. The dining and living rooms retain classic details, including a built-in corner cabinet, while a stained-glass stairwell window adds a colorful touch of vintage charm. Upstairs are 3 generously sized bedrooms, each with a cedar-lined closet, and a full bath. Outside, the fenced yard offers room for pets, play and summer fun around the inground pool. A heated finished room in the basement provides flexible bonus space for crafts, a TV room, home gym or casual hangout. Hardwood flooring can be found throughout much of the home. A welcoming home with character, comfortable living spaces and a backyard ready to enjoy!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 873 sq ft (the lesser of 900 sq ft or half the 1,746 sq ft principal dwelling). Lot size: 6,765 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.