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991 Main St, Wakefield, MA, 01880

4beds
2baths
2,420sqft
$985,000
$407price/sqft
$6,605/moest. monthly cost
$264,200/yrincome needed

About This Home

Exceptional opportunity for owner occupied or investment property with this immaculate brick masonry 2 family unit with 2 driveways,(plenty of off street parking) and expansive back yard. Each unit offers 2BR/1BA, LR/DR/kitchen. 1st floor unit opens to a covered porch, and 2nd floor unit has closed in porch for additional entertainment space, plus a small office. Hardwood floors through out main living area of both units. Separate utilities, nice closet space in both units, walk up attic from 2nd floor unit. Basement with high ceilings offers many possibilities of usage. Location is perfect for shopping/restaurants/commuter rail, great proximity to Lake Quannapowitt, Breakheart Reservation and highways.

Getting Around

68
WalkingSomewhat Walkable
32
TransitSome Transit
50
BikeBikeable

Schools

8/10
7/10
Galvin Middle SchoolGrades 5-81.3 mi
7/10

Construction

Condition

  • Year built: 1946

Materials

  • Foundation: Concrete Perimeter,Block
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 Family - 2 Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full,Walk-Out Access,Interior Entry,Garage Access,Concrete

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Living Room,Dining Room,Kitchen
  • Flooring: Tile,Hardwood
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 2,420

Heating & Cooling

  • Heating features: Oil
  • Cooling features: None,Heat Pump

Interior Area

  • Total structure area: 2,420
  • Total interior livable area: 2,420 sqft

Property

Details

  • Parcel number: M:000024 B:0256 P:000026,820146
  • Zoning: SR

Features

  • Patio & porch: Porch,Enclosed,Patio

Lot

  • Lot size: 0.34 Acres

Parking

  • Total spaces: 9
  • Parking features: Paved Drive,Off Street,Paved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Inland Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,980$59,760
Home Insurance *$224$2,688
Property Taxes $924$11,088
Electricity $477$5,726
Total$6,605$79,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$226,457/yr
40% on housing$198,150/yr
45% on housing$176,133/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$407This listing

vs Other Active Listings

Avg $/sqft

ZIP 01880$369
Middlesex County$437

vs Homes Sold Last Month

Median $/sqft

ZIP 01880$427
Middlesex County$413

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-11Contingent$985,000
2026-07-29Listed for sale$985,000
1999-07-01Sold$298,000

For Sale by Agent

AgentGina M. Jones
BrokerageBarrett, Chris. J., REALTORS®

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