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57 Wave Ave, Wakefield MA 01880

Wakefield, MA 01880
$989,000
Est. $6,005/month
5
Beds
2
Baths
2,433
Sq Ft
$406
Price/Sq Ft
0.25
Acres
1897
Year Built
6 hours 33 minutes
Time on Market
Active Open House Listed Mar 5, 2026 • MLS# 73482955 Copied!

About this home

Set on a sunny corner lot just two blocks from Lake Quannapowitt, this two-family home offers space, flexibility, and future potential. The inviting yard offers space to relax, garden, and enjoy the seasons. The layout supports owner occupancy, rental income, or multigenerational living, with potential to expand or convert to a single family, subject to buyer due diligence. Unit 1 features an expansive family and dining area with an open concept kitchen and fireplace, a formal sitting room, sun porch, and three bedrooms, creating a layout suited for everyday living and gathering. Unit 2 offers two bedrooms including a well proportioned primary and a versatile second bedroom, plus separate living and dining areas for comfortable living. Separate utilities add convenience for owners and tenants. A walk up attic and bonus basement space offer storage and future possibilities for expansion, workspace, or creative use.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1897
Bedrooms
5
Full Bathrooms
2
Living Area
2,433 sq ft
Total Rooms
12
Stories
2
Levels
2

Open House Schedule

07
Mar
Saturday, March 7
11:30 AM - 1:30 PM EST
06
Mar
Friday, March 6
4:00 PM - 5:30 PM EST

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1897
Living Area 2,433 sq ft
Lot Size 0.25 acres
Bedrooms 5
Full Baths 2
Total Rooms 12

Interior

Heating Oil
Cooling Wall Unit(s)
Flooring Wood
Appliances None
Fireplace Wood Burning
Fireplaces 1
Basement None
Laundry None
Features Bathroom With Tub, Dining Room, Kitchen, Family Room, Living Rm/dining Rm Combo, Sunroom, Living Room

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch Screened, Patio

Parking

Features Off Street
Total Spaces 6

Utilities

Electric None
Water Public, Private, Other
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $9,654
Assessed Value $850,600

Interior Features

Flooring: Wood
Appliances:
Interior Features: Bathroom With Tub, Dining Room, Kitchen, Family Room, Living RM/Dining RM Combo, Sunroom, Living Room
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1897
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter, Stone
Stories: 2

Heating, Cooling & Utilities

Heating: Oil
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public, Private, Other
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Screened, Patio
Fencing:
Other Structures:
Lot Features: Corner Lot, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type: Wood Burning
Community Amenities: Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station

Location

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Neighborhood

57 Wave Ave, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Nearby Schools

School District
Wakefield School District local
A-
School Safety 2024-25
0.5% Low
0.5% Suspensions 0.3% In-School
5.0% below state avg
E

Elementary Schools

6 schools
St. Joseph Elementary School
1.0 mi
Grades PK-08
A
Dolbeare School
0.5 mi | #153 of 824 | Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students Less Diverse
Rising School
Grades K-04
B+
Walton School
1.0 mi | #293 of 824 | Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students Less Diverse
Rising School
Grades K-04
A-
Woodville School
1.3 mi | #192 of 824 | Score: 55.5
Improved 38 spots from last year
-2.7 below state avg
456 students Moderate
Rising School
Grades PK-04
Early Childhood Center at the Doyle School
1.4 mi
128 students Moderate
Grades PK
A-
Greenwood School
2.2 mi | #194 of 824 | Score: 55.4
Improved 55 spots from last year
-2.8 below state avg
227 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.9 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

4 schools
Nazareth Academy
0.4 mi
Grades 09-12
EMARC - Life Choices & Employment Services
0.6 mi
Grades 09-12
A-
Wakefield Memorial High School
1.6 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
1.7 mi | #141 of 346 | Score: 56.5
Improved 81 spots from last year
-1.7 below state avg
1,381 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $805
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 5, 2026
$989,000
Original listing
Agent: Teresa Surette Office: Compass

Price & Status History

Date Event Price Change
Mar 5, 2026 New Listing Added $989,000

Market Statistics

Time on Market
6 hours 33 minutes
Price per Sq Ft
$406

Tax History

Year Taxes Assessment
2025 $9,654 $850,600

Financial Details

Annual Property Tax
$9,654
Tax Year 2025
Assessed Value
$850,600

Listing Information

Listing Agent Teresa Surette
Listing Office Compass
Agent MLS ID CN218671
Office MLS ID AN2606
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Wakefield, MA

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