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31 Alba Rd Wellesley — Photo 1 of 39

31 Alba Rd Wellesley — Photo 1 of 39

$2,595,000

Investment Analysis — 31 Alba Rd

Wellesley, MA 02481

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02481 carries an estimated $5,340/mo in gross rent — about a 1.09% cap rate and $28,168/yr in estimated NOI at the $2,595,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

5

SqFt

5,735

Style

Single Family

Built

1950

Sophisticated, modern living in the heart of one of Wellesley’s most beloved neighborhoods! Completely reimagined through a comprehensive 2023 renovation, this exceptional 5,700+ sq. ft. Colonial offers the rare combination of privacy, generous living space, and exceptional walkability to top-ranked schools, Linden Square, Wellesley Hills Commuter Rail and all of Wellesley’s wonderful amenities. The sun-filled interior offers an effortless flow, beginning with a gracious formal fireplaced living room, an elegant dining room and an ideal work from home private office with custom built-ins. At the heart of the home, the renovated kitchen features upgraded appliances, two dishwashers, an expansive island and a generous dining area with direct access to a covered deck and the private backyard. A stylish bar / butler’s pantry connects the kitchen to the spacious family room, creating a seamless setting for both relaxed daily living and entertaining. A full bath, powder room, and mudroom, with direct access to the garage, complete the first floor. Upstairs, the impressive primary suite is a private retreat with soaring ceilings, two walk-in closets, a beautifully renovated spa-inspired bath, and its own private terrace. A second ensuite bedroom features a bonus room ideal for a second in-home office. Two additional generous bedrooms, a full bath with a double vanity, and a dedicated laundry space complete the second level. The expansive, finished lower level significantly extends the home’s versatility featuring a bonus room with a bar and kitchenette, fitness space, and rooms for recreation, play, or additional work-from-home needs. Outside, the level private yard is surrounded by mature trees creating an unexpected oasis just minutes to town. A large deck extends your living space outdoors with ample room for entertaining, relaxing, and play. Turnkey and beautifully updated throughout, this distinctive home delivers the space and privacy of a suburban retreat with the convenience of true in-town Wellesley living.

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 5,735 sq ft principal dwelling). Lot size: 13,334 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

Original Price$2,595,000
Annual Taxes$20,533

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms13
Fireplaces2
FlooringTile, Vinyl / VCT, Hardwood, Laminate
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas, Fireplace
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningSR10

Property & Lot

Acres0.31
SqFt Lot13,334
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator • Range Hood • Stainless Steel Appliance(s) • Wine Cooler

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Basement
Bathroom 3
Living Room
Lvl First

11 x 23

Flooring - Hardwood, Recessed Lighting, Remodeled

Dining Room
Lvl First

12 x 14

Flooring - Hardwood, Recessed Lighting, Remodeled

Kitchen
Lvl First

17 x 11

Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Exterior Access, Recessed Lighting, Remodeled, Second Dishwasher

Family Room
Lvl First

22 x 17

Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access, Remodeled

Primary Bedroom
Lvl Second

21 x 18

Flooring - Hardwood, Balcony / Deck, Recessed Lighting, Remodeled

Bedroom 2
Lvl Second

18 x 21

Bedroom 3
Lvl Second

12 x 15

Closet, Flooring - Hardwood, Recessed Lighting, Remodeled

Bedroom 4
Lvl Second

11 x 19

Closet, Flooring - Hardwood, Recessed Lighting, Remodeled

Bathroom 1
Lvl First

Bathroom - Half, Remodeled

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall

Bathroom 3
Lvl Basement

Bathroom - Half, Remodeled

Property History

Listed
$2,595,000

Oct 2, 2026

MLS® 73586180

Terminated
$14,000

Sep 1, 2026

MLS® 73543787

Expired
$3,195,000

Aug 31, 2026

MLS® 73530659

Listed
$14,000

Jul 1, 2026

MLS® 73543787

Listed
$3,195,000

Jun 4, 2026

MLS® 73530659

Terminated
$2,795,000

Jun 1, 2026

MLS® 73526360

Listed
$2,795,000

May 28, 2026

MLS® 73526360

Listing Provided By

Listing Agent: Beyond Boston Properties Group

Listing Office: Compass

MLS® Number: 73586180