Investment Analysis — 16 Abbott Street

Wellesley, MA 02482

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02482 carries an estimated $4,770/mo in gross rent — about a 1.34% cap rate and $26,721/yr in estimated NOI at the $1,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,298

Style

Single Family

Built

1887

OFFER DEADLINE! Offers, if any, due Tuesday 10/6 at Noon: Spectacular Wellesley single family home offering 3 bedrooms + office/4th bedroom, 2.5 baths and an unbeatable location just a short distance from Central and Church Streets! This gorgeous and charming victorian home is, bright has been thoughtfully updated throughout and well maintained. Welcomed by a gracious front entrance with double entry, antique staircase and traditional foyer opens to a large living room with bay window overlooking Abbott Street, built-ins, beautiful hardwood floors. Adjacent to the living room and the eat in kitchen is a large dining room. The eat-in kitchen offers an Island with breakfast bar and a separate dining area. A large patio off the kitchen offers seamless indoor/outdoor living. The first floor also has a large office/4th bedroom and a second staircase to the upper level. A generous primary suite features a private bath, vaulted ceilings, large windows and ample storage. 2 additional queen size bedrooms offer good storage and a shared bath. A sensational in town location is a short distance to the commuter rail, shops and restaurants. This wonderful antique home is complete with central air, a beautiful lot, and a paved driveway with parking for 3+ cars!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,298 sq ft principal dwelling). Lot size: 8,990 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.