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28 Lake St, Wakefield MA 01880

Wakefield, MA 01880
$871,000
Est. $4,636/month
5
Beds
3.5
Baths
2,842
Sq Ft
$306
Price/Sq Ft
0.20
Acres
1900
Year Built
Multi Family
Type
9
Days on Market
Closed Listed Sep 27, 2025 • MLS# 73337664

About this home

Fantastic opportunity for Owner Occupants, Multi-generational families & Investors - this well-maintained multi-family is just steps to the commuter rail, downtown Wakefield & minutes to all major routes! The Front Unit - Unit #1, features a front porch, a charming entry w/ stained glass on the first level, a large open concept living / dining room w/ HW floors & built-in china cabinet, & kitchen w/ pantry & full bath. 3 BR's are located upstairs along w/ a recently updated full bath. The walk-up attic in Unit 1 is unfinished w/ potential for a playroom or the primary suite you dream about. For Unit 2, the first floor features a sundrenched office/sunroom overlooking the yard, a large eat-in kitchen & half bath. The 2nd floor of this (Unit 2) holds 2 well-sized BR's, one w/ a double closet & the other w/ a spacious walk-in closet & a full bath w/ tub. Large, level driveway w/ (small) one car garage & storage shed/workshop or extra storage. 1st showing at 1st OH - no exceptions.

Sale Statistics

Sale Overview
Original List Price: $799,900
Final Sale Price: $871,000
Difference: +$71,100 (+8.9%)
Performance Metrics
108.9%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $281
Sale $/sq ft: $306
This property sold for $306 per square foot
Sale Summary

This property sold for 8.9% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,842 sq ft
Total Rooms
11
Stories
5
Levels
5

Interior Features

Flooring
Tile, Vinyl, Carpet, Varies, Hardwood
Heating
Forced Air, Oil, Baseboard, Natural Gas
Has Heating
Yes
Cooling
None, Central Air
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer
Interior Features
Ceiling Fan(s), Walk-Up Attic, Storage, Bathroom With Tub & Shower, Walk-In Closet(s), Open Floorplan, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Basement Details
Full, Bulkhead, Sump Pump, Concrete, Unfinished
Window Features
Stained Glass Window(s), Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Foundation Area
0 sq ft
Exterior Features
Rain Gutters
Patio/Porch Features
Porch
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.20 acres
Lot Size
8,912 sq ft
Lot Size Area
0.2000
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Deeded, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,315
Tax Year
2025
Tax Assessed Value
$820,700
Parcel Number
817454
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Both units will be delivered vacant at closing. The Front Unit - Unit #1, used to be a single family home. The seller built an addition creating the Back Unit - Unit #2 in 1990. Both units have gas cooking. Front unit forced air oil heat, back unit gas heat w/ Central A/C. Offers due Wed, 3/5 @ 12PM

Location

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Neighborhood

28 Lake St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

Elementary School
Check W/ Supt.
Rating information coming soon
Middle School
Galvin Middle
Rating information coming soon
High School
Wakefield High
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $776
Homeowners Insurance $200
PMI $0

Property History

Market Insights

8.2%
Price Range
10
Total Days on Market

Property Timeline

✓
Sold
Mar 31, 2025
$871,000
Property sold
Days on Market: 10
🏠
Listed for Sale
Feb 24, 2025
$799,900
Original listing
Agent: Team Ladner Office: RE/MAX Harmony

Price & Status History

Date Event Price Change
Feb 24, 2025 New Listing Added $799,900 —

Market Statistics

Days on Market
9 days
Price per Sq Ft
$306

Tax History

Year Taxes Assessment
2025 $9,315 $820,700

Financial Details

Annual Property Tax
$9,315
Tax Year 2025
Assessed Value
$820,700

Listing Information

Listing Agent Team Ladner
Listing Office RE/MAX Harmony
Agent MLS ID TM341788
Office MLS ID AN5976

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