Active
17 Days on market
197 Speen Street Natick — Photo 1 of 30

197 Speen Street Natick — Photo 1 of 30

Recent Drop: $30,000

$799,000
$769,000

$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.

View Standard Listing

Beds

3

Baths

2

SqFt

1,682

Style

Single Family

Built

1945

This lovely, sun-splashed classic cape style home is located on the corner of a quiet side street and offers partial views of lower Lake Cochituate. Enjoy this peaceful and quaint setting with all of the conveniences nearby. From the moment you walk through the brand new renovated front doorway, you will feel the warmth and light of this welcoming home. The first floor boasts a renovated eat-in kitchen with granite counters, stainless appliances, gas cooking and views out to the grassy backyard. Open to the kitchen is a dining room, full bath, front-to-back living room with fireplace, and a glorious sunroom that spans the back of the house that you will never want to leave. Upstairs are two bedrooms with peaks of lake views, and one full bath. The basement is half finished with a room with central heat and a fireplace that can serve as a third bedroom or guest room/den. Features of the house include hardwood floors throughout, recessed lighting, insulated windows, new roof (2018) and new vinyl siding (2021). Access to top Natick schools and an unbeatable location near Lake Cochituate, John J. Lane Park with volleyball, playground and picnic areas, the Natick Mall, commuter rail, and Route 9, Mass Pike and 128/95.

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.

Property Details

Financials

Original Price$799,000
Annual Taxes$7,665

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms7
Fireplaces2
FlooringHardwood
BasementFull, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump

Climate & Utilities

HeatingForced Air, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRes

Property & Lot

Acres0.18
SqFt Lot7,971
Lot FeaturesCorner 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

Second
Master BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Basement
Bedroom 3
Living Room
Lvl First

Flooring - Hardwood, Lighting - Sconce, Decorative Molding

Dining Room
Lvl First

Flooring - Hardwood, Lighting - Overhead

Kitchen
Lvl First

Flooring - Hardwood, Window(s) - Picture, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances

Master Bedroom
Lvl Second

Closet, Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Basement

Fireplace, Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Full

Property History

Price Drop
$769,000

Was $799,000

Sep 10, 2026

MLS® 73568514

Listed
$799,000

Aug 26, 2026

MLS® 73568514

Listing Provided By

Listing Agent: Janet Stuart

Listing Office: Coldwell Banker Realty - Concord

MLS® Number: 73568514