
197 Speen Street Natick — Photo 1 of 24
Recent Drop: $30,000
$769,000
Investment Analysis — 197 Speen Street
Natick, MA 01760
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01760 carries an estimated $3,490/mo in gross rent — about a 3.14% cap rate and $24,164/yr in estimated NOI at the $769,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,682
Style
Single Family
Built
1945
Motivated Seller! Located abutting Lake Cochituate with partial views of the Lake, this lovely home sits back from the road on the corner of a quiet side street, Crescent Street. From the moment you walk in, you will enjoy the home's gleaming hardwood floors, wonderful sun-filled rooms and great outdoor setting. The first floor offers an eat-in kitchen with granite counters, stainless appliances and lots of storage, an open dining room/family room, a front-to-back living room with fireplace and built-ins, a full bathroom and a glorious sunroom you will never want to leave. Upstairs are two bedrooms with peak views of the lake and one full bath. The basement has a heated finished room with fireplace and an unfinished area with side-by-side washer and dryer and laundry sink. The house has been updated throughout including roof, vinyl exterior siding, painted interior, most windows and the front door entryway. Come enjoy one of the most convenient locations in Natick while living alongside one of the most beatiful bodies of water in the area. Access to top-ranked Natick school systems and right across from John J. Lane Park with playground, walking trails, picnic areas and volleyball. Nearby to the commuter rail into Boston, Route 9, the Mass Pike, and Route128/95. Seller to provide $5k buyer credit at closing!
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: 841 sq ft (the lesser of 900 sq ft or half the 1,682 sq ft principal dwelling). Lot size: 7,971 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Lighting - Sconce, Decorative Molding
Dining Room
Lvl FirstFlooring - Hardwood, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Hardwood, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
Primary Bedroom
Lvl SecondCloset, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl BasementFireplace, Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Full
Bathroom 2
Lvl SecondBathroom - Full
Property History
$769,000
Was $799,000
Sep 10, 2026
MLS® 73568514
$799,000
Aug 26, 2026
MLS® 73568514
Listing Agent: Janet Stuart
Listing Office: Coldwell Banker Realty - Concord
MLS® Number: 73568514
