
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave
Neighborhood
Shopping • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First11.166666666 x 13.75
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood
Dining Room
Lvl First12.333333333 x 20
Flooring - Hardwood, Lighting - Overhead
Kitchen
Lvl First11.333333333 x 10.416666666
Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Primary Bedroom
Lvl Second14 x 13.833333333
Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
Bedroom 2
Lvl First14 x 13.833333333
Bathroom 1
Lvl First4.666666666 x 13.666666666
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl First4.666666666 x 4.833333333
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl Second4.666666666 x 8.75
Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: The Synergy Group
Listing Office: The Synergy Group
MLS® Number: 73580424