
37 Wall St Wellesley — Photo 1 of 29
$2,895,000
Investment Analysis — 37 Wall St
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 0.79% cap rate and $22,981/yr in estimated NOI at the $2,895,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
5
SqFt
4,800
Style
Single Family
Built
2011
Fabulous young Colonial in one of the most coveted locations in town! Brimming with natural light; it has an open, incredibly spacious interior, tall ceilings, rich appointments throughout and gorgeous hardwood floors. It's perfect for entertaining, relaxing in comfort or working from home. A beautifully designed kitchen with expansive island and custom cabinetry opens to a sensational family room with soaring ceilings, fireplace and walls of windows. You can host the holidays in style in the generous and elegant dining room. Sliders from the kitchen lead to a handsome raised stone terrace. There is an excellent office on both the first floor and the lower level. The primary suite has fine details, double walk-in closets and a luxurious marble bath. All bedrooms are exceptionally spacious and a second bedroom is also ensuite. There is an ideal second story laundry room. The lower level also provides an outstanding playroom, exercise room, additional bedroom, and full bath. All this plus storage galore. This very special home is set on a peaceful road in a beloved neighborhood, just a short stroll to schools, shops, train station, library and downtown.
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 4,800 sq ft principal dwelling). Lot size: 10,000 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
Gas Water Heater • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Vacuum System • Range Hood
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCoffered Ceiling(s), Flooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood, Wainscoting, Tray Ceiling(s)
Kitchen
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Wine Chiller, Gas Stove, Lighting - Pendant, Decorative Molding
Office
Lvl FirstCloset/Cabinets - Custom Built
Family Room
Lvl FirstCathedral Ceiling(s), Flooring - Hardwood, Open Floorplan
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Double Vanity, Recessed Lighting, Tray Ceiling(s)
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Hardwood
Bedroom 4
Lvl SecondFlooring - Hardwood
Bedroom 5
Lvl BasementFlooring - Wall to Wall Carpet
Listing Agent: The Pinnacle Group
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73584741









