Investment Analysis — 3 Waltham

Wayland, MA 01778

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01778 carries an estimated $3,960/mo in gross rent — about a 3.28% cap rate and $24,407/yr in estimated NOI at the $745,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,481

Style

Single Family

Built

1941

Welcome to 3 Waltham Road, a charming and sun-filled Cape tucked away on a generous 0.46-acre level lot in the heart of Wayland. Offering 1,481 square feet of comfortable living space, this inviting home has been thoughtfully refreshed and is ready to welcome its next owners.Fresh interior paint and beautifully refinished hardwood floors give the home a bright, clean feel, while the flexible layout offers four bedrooms and two bedrooms on each level, making it a unique layout. With seven well-proportioned rooms and a full bath. A spacious unfinished basement provides excellent storage, while the two-car garage and unfinished vaulted attic offer even more room and exciting possibilities for the future. A new septic system was installed in 2026.Set on a lovely, level parcel with generous outdoor space, the property offers both the comfort of moving right in and the opportunity to dream a little — whether that means updating, expanding, or exploring future possibilities, subject to buyer due diligence and required municipal approvals.Ideally located near Wayland’s schools, shopping, restaurants, commuter routes, and the surrounding MetroWest communities, 3 Waltham Road is a wonderful place to put down roots. Comfortable, sunny, and full of potential, this is a home that invites you to make it your own.

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: 741 sq ft (the lesser of 900 sq ft or half the 1,481 sq ft principal dwelling). Lot size: 20,037 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.