51 Fairmount Ave #51 Wakefield — Photo 1 of 34
$679,000
Investment Analysis — 51 Fairmount Ave #51
Wakefield, MA 01880
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 3.21% cap rate and $21,803/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
1,874
Style
Condominium
Built
1920
Bright, spacious, and designed for the way you live today, this three-level townhouse blends classic character with modern comfort. Sunlight pours through oversized windows, highlighting hardwood floors, living and dining spaces. The beautifully appointed kitchen features granite countertops, stainless steel appliances, a center island, and direct access outdoors. Upstairs, the primary suite offers a private bath and ample closet space, while the top level provides exceptional flexibility with two additional bedrooms, a full bath, laundry area, spacious walk in closet, and a versatile loft perfect for a media room, playroom, home office, or guest room. Central air, basement storage, and deeded parking complete the package. Ideally located near vibrant downtown Wakefield, Lake Quannapowitt, the commuter rail, Breakheart Reservation, shopping, dining, and major commuter routes for easy access throughout Greater Boston.
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 MLS and other third-party data may be inaccurate or out of date.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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 14
Flooring - Hardwood, Cable Hookup
Dining Room
Lvl First12 x 12
Closet/Cabinets - Custom Built, Flooring - Hardwood
Kitchen
Lvl First16 x 12
Ceiling Fan(s), Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Exterior Access, Stainless Steel Appliances, Wainscoting, Gas Stove
Family Room
Lvl nullSkylight, Flooring - Vinyl, Cable Hookup, Recessed Lighting
Master Bedroom
Lvl Second14 x 11
Bathroom - Full, Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup
Bedroom 2
Lvl Second10 x 8
Bedroom 3
Lvl Third12 x 11
Closet, Flooring - Vinyl, Cable Hookup, Recessed Lighting
Bedroom 4
Lvl Third8 x 11
Skylight, Closet, Flooring - Vinyl, Cable Hookup, Recessed Lighting
Bathroom 1
Lvl Second6 x 8
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Wainscoting
Bathroom 2
Lvl Second5 x 7
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Wainscoting
Bathroom 3
Lvl First4 x 5
Bathroom - Half, Flooring - Stone/Ceramic Tile, Wainscoting
Listing Agent: Matthew Czepiel
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73568254