
4 Hillside Ave Wakefield — Photo 1 of 42
$824,900
Investment Analysis — 4 Hillside Ave
Wakefield, MA 01880 — West Side
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 2.48% cap rate and $20,432/yr in estimated NOI at the $824,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,924
Style
Single Family
Built
1889
Beautiful and spacious West Side home with stick-style Victorian architecture and exceptional period details. This home offers an intricate exterior with decorative stickwork, fish-scale shingles, turned columns, decorative brackets, unique corner tower with pyramidal roof, stained glass, a box window and a large covered front porch. Inside you’ll find timeless period details including a beautiful antique staircase, tall ceilings, handsome deep moldings and tall windows that flood the home with natural light. There are double parlors and a beautiful dining room with a circa 1910 mural open to the kitchen that offers double ovens and a GAS cooktop. Off the kitchen is a large gorgeous private bluestone patio that is like having an extra room as well as a young and sizable quality shed and a wonderful spacious fenced flat grassy area. Upstairs you’ll find 3 good size bedrooms on the second floor and a large bonus room in attic with a closet as well as access to a raw storage space. SO well located just a few blocks from the Commuter Rail and bus as well as close to restaurants, shopping, seasonal Farmers Market, Lake Quannapowitt and all of the fun activities that happen Downtown and at “The Lake” throughout the year. Don’t miss this opportunity to own a home with incredible character, excellent indoor and outdoor space located in a highly desirable area.
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 1,924 sq ft principal dwelling). Lot size: 9,322 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.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Oven • Dishwasher • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Exterior Access, Stainless Steel Appliances
Master Bedroom
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl SecondBathroom - Full
Listing Agent: Laurie Hunt
Listing Office: North Star RE Agents, LLC
MLS® Number: 73574683