Active
16 Days on market
21 Partridge Lane Wakefield — Photo 1 of 39

21 Partridge Lane Wakefield — Photo 1 of 39

$1,648,888

Investment Analysis — 21 Partridge Lane

Wakefield, MA 01880 — Pheasant Ridge

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01880 carries an estimated $3,430/mo in gross rent — about a 0.95% cap rate and $15,623/yr in estimated NOI at the $1,648,888 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

3,095

Style

Single Family

Built

2000

Set at the end of a neighborhood cul-de-sac, 21 Partridge Lane offers a unique blend of privacy, community, and convenience. The 7.9-acre property features a meticulously maintained home surrounded by approximately one acre of beautifully landscaped grounds, with the remaining acreage providing a peaceful wooded setting.A welcoming foyer opens to spacious living and dining rooms, offering flexibility for daily living and entertaining. The showcase of the home is the beautifully appointed kitchen featuring custom cabinetry, architectural millwork, Thermador and JennAir appliances, a generous center island with seating and plenty of room for a full-size dining table.Designed for gatherings, the oversized family room makes an impression with vaulted ceilings, a gas fireplace with custom mantel and Palladian windows that fill the room with natural light. From the kitchen , sliding doors open to a four season sunroom with expansive views of the private yard - an inviting place for morning coffee, quiet evenings or simply enjoying the changing seasons. Step out to the large deck for outdoor dining and entertaining.Upstairs, the spacious primary suite features a walk-in closet and ensuite bath with double vanities, walk-in shower and Jacuzzi tub. Three additional bedrooms and a beautifully renovated main bath with double-sink Cambria quartz vanity and tiled tub/ shower complete the second floor. A full walk-up attic provides abundant, easily accessible storage.The finished lower level adds lifestyle versatility with a wet bar featuring a granite countertop and beverage refrigerator, a half bath, generous storage and flexible open space for movie nights, a recreation room, home gym or playroom.Direct access to the oversized 2-car garage adds everyday convenience.Ideally located, this home is walking distance to Wakefield’s K–12 schools, as well as, Northeast Metro Tech. This prime location gives quick access to I-95, I-93, Rte 1 and the commuter rail. Lake Quannapowitt’s scenic walking and jogging paths are just minutes away, with shopping and dining at nearby MarketStreet Lynnfield.A truly unique Wakefield property where an exceptionally cared for home, privacy, community, and location come together. 21 Partridge Lane offers a lifestyle that is truly unique.

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: 900 sq ft (the lesser of 900 sq ft or half the 3,095 sq ft principal dwelling). Lot size: 344,124 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.

Property Details

Financials

Original Price$1,648,888
Annual Taxes$15,659

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces1
FlooringHardwood, Stone / Slate, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull, Finished, Garage Access

Climate & Utilities

HeatingCentral, Natural Gas, Electric
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Conventional (2x4-2x6)
RoofShingle
FoundationConcrete Perimeter
ZoningSR

Property & Lot

Acres7.9
SqFt Lot344,124
Lot FeaturesCul-De-Sac, Wooded

Amenities & Appliances

Gas Water Heater • Oven • Dishwasher • Disposal • Refrigerator • Cooktop

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Living RoomDining RoomFamily RoomBathroom 1
Main,First
Kitchen
Living Room
Lvl First

13.166666666 x 16.5

Flooring - Hardwood

Dining Room
Lvl First

13 x 13.5

Flooring - Hardwood

Kitchen
Lvl Main,First

23.916666666 x 13.416666666

Dining Area, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Slider, Lighting - Pendant, Decorative Molding

Family Room
Lvl First

23.916666666 x 24

Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Master Bedroom
Lvl Second

13.083333333 x 17

Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

13.333333333 x 13.666666666

Bedroom 3
Lvl Second

13.25 x 13.416666666

Closet, Flooring - Wall to Wall Carpet

Bedroom 4
Lvl Second

10.5 x 12.75

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

6 x 10.416666666

Bathroom - Half

Bathroom 2
Lvl Second

9.666666666 x 10

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub

Bathroom 3
Lvl Second

8 x 10

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Remodeled

Listing Provided By

Listing Agent: Maria Fabiano

Listing Office: Maria Fabiano Realty

MLS® Number: 73569175