
298 Main Street #31 Wakefield — Photo 1 of 23
$499,000
Investment Analysis — 298 Main Street #31
Wakefield, MA 01880
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01880 carries an estimated $2,590/mo in gross rent — about a 2.54% cap rate and $12,669/yr in estimated NOI at the $499,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
826
Style
Condominium
Built
1900
Rarely available, this exceptional top-floor corner residence at the Crystal Condominiums, in downtown Wakefield is minutes to the beautiful Lake Quannapowitt, offers timeless elegance inspired by Boston's distinguished Beacon Hill. Bathed in natural sunlight throughout the day, the home show cases beautiful hardwood floors, intricate crown molding, and classic wainscoting, creating an atmosphere of refined sophistication. The elegant living room is anchored by a stunning quartz fireplace and flows seamlessly into a bright sunroom featuring mirrored French doors, exquisite rose marble flooring and stunning views of Wakefield Common and Lake Quannapowitt. The thoughtfully updated bathroom with marble herringbone and white subway tile is classic. The Eat-in Kitchen with Custom White cabinetry, quartz countertops, top of the line Newer Stainless Steel Appliances, pantry provide the modern convenience with classic style while enjoying the beautiful views of Wakefield Commons and Waterfall. Completing this remarkable offering hard to fine to have garage parking space and an oversized storage unit. Easy Living with the heat and hot water included in the condo fee along with laundry located in the building. The unbeatable location with easy access to all major rtes, the commuter rail, bus line, and an array of nearby fine dining, shopping and recreational opportunities around the lake, Farmers Markets, 4th of July Parade and More!
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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Third15 x 13
Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, French Doors, Remodeled, Wainscoting, Crown Molding, Decorative Molding
Kitchen
Lvl Main,Third18 x 10
Flooring - Vinyl, Dining Area, Pantry, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting, Remodeled, Stainless Steel Appliances
Master Bedroom
Lvl Main,Third11 x 11
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture, Crown Molding
Bedroom 2
Lvl Main,Third11 x 7
Bathroom 1
Lvl Main,Third7 x 4
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Nikki Martin Team
Listing Office: Compass
MLS® Number: 73554712