
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First13.166666666 x 16.5
Flooring - Hardwood
Dining Room
Lvl First13 x 13.5
Flooring - Hardwood
Kitchen
Lvl Main,First23.916666666 x 13.416666666
Dining Area, Kitchen Island, Cabinets - Upgraded, Exterior Access, Recessed Lighting, Slider, Lighting - Pendant, Decorative Molding
Family Room
Lvl First23.916666666 x 24
Cathedral Ceiling(s), Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Master Bedroom
Lvl Second13.083333333 x 17
Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second13.333333333 x 13.666666666
Bedroom 3
Lvl Second13.25 x 13.416666666
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second10.5 x 12.75
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First6 x 10.416666666
Bathroom - Half
Bathroom 2
Lvl Second9.666666666 x 10
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub
Bathroom 3
Lvl Second8 x 10
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Remodeled
Listing Agent: Maria Fabiano
Listing Office: Maria Fabiano Realty
MLS® Number: 73569175