Active
4 Days on market
410 Salem St #1501 Wakefield — Photo 1 of 37

410 Salem St #1501 Wakefield — Photo 1 of 37

$738,000

Investment Analysis — 410 Salem St #1501

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 1.60% cap rate and $11,803/yr in estimated NOI at the $738,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2.5

SqFt

1,302

Style

Condominium

Built

2006

Welcome to this beautifully maintained, sun-drenched end-unit townhome in the highly desirable and sought-after Heron Pond Condominiums. Built in 2006, this exceptional property offers the perfect blend of modern convenience, versatile living spaces, and meticulous care. As you step inside, you will immediately notice the bright, airy atmosphere with tilt-in Anderson brand windows that flood the home with natural light. The main level seamlessly flows into an elegant dining room and a warm, inviting living room centered around a cozy gas powered fireplace, perfect for gathering with family and friends. The heart of the home features a newly renovated kitchen equipped with eletric cooking, premium finishes, and ample storage. One of the most unique and sought-after features of this townhome is the dual primary suite configuration. With a spacious primary suite located on the first floor and a second equally impressive suite on the second floor, this layout provides unmatched flexibility for multi-generational living, guests, or a private home office setup. The living space expands further into the fully finished basement, (accessed via common area access), offering the ideal spot for a media room, home gym, play area, or additional recreation space. Comfort is guaranteed year-round with a highly efficient two-zone gas heating system. Outside, enjoy peaceful mornings or evening relaxation on your private rear deck. The property also includes two deeded parking spaces. This move-in-ready gem represents premium suburban living at its absolute finest.

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

Property Details

Financials

Original Price$738,000
Annual Taxes$6,110
HOA Fee$475.63

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
Fireplaces1
FlooringHardwood, Laminate
BasementY

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningSR

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave

Neighborhood

Shopping • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBathroom 3
First
Living RoomDining RoomKitchenBedroom 2Bathroom 1Bathroom 2
Living Room
Lvl First

11.166666666 x 13.75

Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood

Dining Room
Lvl First

12.333333333 x 20

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

11.333333333 x 10.416666666

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting

Primary Bedroom
Lvl Second

14 x 13.833333333

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting

Bedroom 2
Lvl First

14 x 13.833333333

Bathroom 1
Lvl First

4.666666666 x 13.666666666

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 2
Lvl First

4.666666666 x 4.833333333

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

4.666666666 x 8.75

Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Listing Provided By

Listing Agent: The Synergy Group

Listing Office: The Synergy Group

MLS® Number: 73580424