Investment Analysis — 37 Winter St

Wayland, MA 01778 — Cochituate

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 2.65% cap rate and $23,555/yr in estimated NOI at the $889,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,952

Style

Single Family

Built

1954

Nestled on a quiet street in the heart of Cochituate, this versatile 4-bedroom, 3-full-bath Cape offers an exceptional blend of comfort, character & flexible living space. The main level features a light-filled living room with a cozy fireplace & large picture window, a formal dining room, and an eat-in kitchen with stainless steel appliances & gas cooking. A first-floor bedroom and full bath offer added flexibility, while the laundry/mudroom provides direct access to the two-car garage and outdoor living areas. Upstairs are two generously sized bedrooms and an additional full bath. Adding even more flexibility is a separate in-law apartment complete with a bedroom, kitchenette, full bath & private slider opening to the backyard. Set on a peaceful, private lot, the expansive outdoor living area is a true highlight, featuring a large patio, covered entertaining space, koi pond, natural wood sauna and extensive vegetable & flower gardens. Recent updates include a 2019 furnace, 2019 Navien tankless water heater & 2021 roof. Ideally located near major commuter routes with easy access to shopping, dining, recreation & all that MetroWest has to offer.

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 1,952 sq ft principal dwelling). Lot size: 11,724 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.