Active
69 Days on market
11 Preston St Wakefield — Photo 1 of 41

11 Preston St Wakefield — Photo 1 of 41

Recent Drop: $20,000

$819,900
$799,900

$799,900

Investment Analysis — 11 Preston St

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 2.49% cap rate and $19,942/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,631

Style

Single Family

Built

1952

Spacious one-level living in this stunning 3-bedroom, 2-bath Ranch! The main floor shines with gleaming hardwood floors and features an open-concept formal living room with a cozy fireplace, formal dining room, and bright kitchen. Enjoy the seamless flow to a side entrance/mudroom with a built-in desk area, which opens directly to a private deck overlooking a peaceful, generously sized tree-lined yard. The main level also includes the primary bedroom with two massive closets, plus two additional well-sized bedrooms and a full bath. Enjoy multiple closets plus a convenient walk-up attic. The lower level is a game-changer and loaded w potential for a media room, home gym, or guest suite, complete with a second full bath/laundry and extra unfinished storage. 2 separate driveways for ample parking and unbeatable, quick access to Routes 93, 95, and 1. Your dream home awaits!

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: 816 sq ft (the lesser of 900 sq ft or half the 1,631 sq ft principal dwelling). Lot size: 14,349 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.

Open Houses

Property Details

Financials

Original Price$819,900
Annual Taxes$8,421.1

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Vinyl, Concrete, Hardwood
BasementFull, Walk-Out Access, Concrete

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationOther
ZoningRes

Property & Lot

Acres0.33
SqFt Lot14,349
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Oven • Microwave • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

First
OfficeBathroom 1
Basement
Family RoomBathroom 2
Main,First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

22 x 14

Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Lighting - Sconce

Dining Room
Lvl Main,First

13 x 9

Flooring - Hardwood, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Main,First

13 x 13

Closet/Cabinets - Custom Built, Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Overhead

Office
Lvl First

14 x 13

Family Room
Lvl Basement

20 x 15

Primary Bedroom
Lvl Main,First

14 x 13

Flooring - Hardwood, Lighting - Overhead, Closet - Double

Bedroom 2
Lvl Main,First

12 x 10

Bedroom 3
Lvl Main,First

16 x 11

Closet, Flooring - Hardwood, Lighting - Overhead, Closet - Double

Bathroom 1
Lvl First

9 x 7

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Sconce

Bathroom 2
Lvl Basement

9 x 7

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Vinyl, Lighting - Sconce

Property History

Price Drop
$799,900

Was $819,900

Jul 23, 2026

MLS® 73545171

Listed
$819,900

Jul 6, 2026

MLS® 73545171

Listing Provided By

Listing Agent: Team Ladner

Listing Office: RE/MAX Harmony

MLS® Number: 73545171