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2 Days on market
2 Rosemary Ave Wakefield — Photo 1 of 42

2 Rosemary Ave Wakefield — Photo 1 of 42

$879,900

Investment Analysis — 2 Rosemary Ave

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 2.55% cap rate and $22,424/yr in estimated NOI at the $879,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

2,090

Style

Single Family

Built

1977

Absolutely move-in ready, 9 room colonial situated in a highly convenient location close to Woodville elementary school, the upcoming state-of-the- art high school and Northeast regional vocational school. Offering a quick drive to routes 95 and 1, this property ensures effortless commutes to Boston or Logan Airport. Inside, this mint-condition home showcases a thoughtful layout, an updated 200 amp electrical service, and a comprehensive security and fire alarm system for total peace of mind. Guests are welcomed by front granite steps with custom wrought iron railings and elegant stone accents. Off the side entry, an awesome mudroom serves as a perfect drop zone for winter boots and coats. The main level features a beautiful mix of cherry hardwood and tile flooring. At the heart of the home, the dining room connects the living spaces perfectly, bordered by the warm living room with a cozy fireplace on one side, delightful three season porch, and the kitchen on the other. The kitchen comes fully equipped with custom cherry cabinets, an induction cooktop, a convection wall oven, and a spectacular glass tile backsplash. A sliding glass door off the dining room leads directly into the sunlit 3 season porch, offering a perfect layout for seamless, indoor- outdoor entertaining near the convenient main- level half bath. The second floor features four generously sized bedrooms with a mix of oak and cherry hardwood flooring and a new full bathroom. One of the bedrooms is currently configured as an ideal home office space making remote work a breeze. The home is equipped with central air-conditioning and a high efficiency heating system which was updated in 2019, and a new double wall oil tank installed in 2024. For extra utility head down to the clean, neat basement, which maximizes space with a workout area, abundant storage shelving and cabinets. Off the 3 season porch is an outdoor private oasis featuring a custom Belgard paver patio for entertaining leading to a highly unique hilled backyard. Elegant granite steps guide you up the hillside through mature plantings. The fully enclosed backyard features vinyl and wrought iron fencing, as well as a storage shed and a secure dog enclosure at the top of the hill.

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 2,090 sq ft principal dwelling). Lot size: 17,725 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.

Open Houses

Property Details

Financials

Original Price$879,900
Annual Taxes$8,858

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Concrete, Hardwood, Stone / Slate, Flooring - Stone/Ceramic Tile
BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Electric Baseboard, Oil
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR

Property & Lot

Acres0.41
SqFt Lot17,725
Lot FeaturesWooded, Easements, Sloped

Amenities & Appliances

Electric Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 1
First
Bathroom 2
Unknown
Living RoomDining RoomFamily Room
Living Room
Lvl null

20 x 12

Flooring - Hardwood

Dining Room
Lvl null

Flooring - Hardwood, Recessed Lighting

Family Room
Lvl null

19 x 14

Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Recessed Lighting

Primary Bedroom
Lvl Second

19 x 15

Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl Second

16 x 10

Bedroom 3
Lvl Second

12 x 10

Flooring - Hardwood

Bedroom 4
Lvl Second

12 x 10

Flooring - Hardwood

Bathroom 1
Lvl Second

9 x 7

Bathroom - 3/4, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

10 x 5

Bathroom - Half, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Gerald Barrett

Listing Office: Barrett, Chris. J., REALTORS®

MLS® Number: 73581592