Welcome to 78 Oak Street, a home meticulously cared for and loved by the same family for generations. Inside, the main residence has an architectural richness that simply can’t be recreated in new construction. Exposed wood beams, warm natural materials, a gas fireplace and rooms with their own distinct character give the home a sense of history and permanence. The generous first floor allows plenty of space for cooking, gathering, working, relaxing and hosting, while three bedrooms are tucked upstairs. The indoor heated pool and hot tub make this property even more remarkable, offering a private place to swim, entertain, and unwind throughout the year. At the back of the home, a three-season room opens to a patio with a built-in grill and outdoor gas fireplace. Legally a two-family, the property lives more like a main residence with completely separate accommodations for extended family, guests or rental income. The private 1-2 bedroom apartment has its own entrance and basement, with no shared walls with the main house. An attached barn with loft sits between the two residences, providing substantial storage as well as exciting potential for future finishing or development. The expansive lot offers a broad, level yard around the house before rising up the hillside to elevated views. A two-car garage adds everyday practicality. All of this is set in Greenwood, one of Wakefield’s most convenient and coveted neighborhoods, .5 miles to the commuter rail, shops, restaurants and major routes. Rich in character and exceptionally versatile, 78 Oak Street is a home that could never be mistaken for anything ordinary!
This home has been viewed 3 times
Last Checked: September 20th, 2026 at 6:43am (Source: MLS PIN #73577460)
Gross Income: $14,400
Gross Expenses: $11,243
Net Income Calc: $3,157
Water Views
Annual Expenses for 78 Oak St, Wakefield MA 01880
Total Gross Expenses (Calculated)$11,243/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11243
Annual Income & Unit Breakdown for 78 Oak St, Wakefield MA 01880
Total Gross Income (Calculated)$14,400
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 78 Oak St, Wakefield MA 01880
Listing ID73577460
Property TypeMulti Family
Price1199000 ($292.15/SqFt)
StyleMulti Family
CityWakefield
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total4104
Approximate Lot Size (Acres)1.18
Total Parking10 (2 Garage)
Garage Parking2
Year Built1885
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningSR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 78 Oak St, Wakefield MA 01880
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Belongings.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 78 Oak St, Wakefield MA 01880
Real Estate Taxes11243
Tax Year2025
Assessed Value$990,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 78 Oak St, Wakefield MA 01880
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 78 Oak St, Wakefield MA 01880