296 Linden St. Wellesley — Photo 1 of 35
$1,198,000
Investment Analysis — 296 Linden St.
Wellesley, MA 02481
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02481 carries an estimated $4,830/mo in gross rent — about a 2.86% cap rate and $34,222/yr in estimated NOI at the $1,198,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,813
Style
Single Family
Built
1910
Location, Location, Location! Lovingly maintained Victorian home on a beautifully landscaped, fenced, level yard. First floor offers bright and inviting living room, dining room with French doors that lead to a large private brick patio, expanded and updated eat-in kitchen, and a large updated half bathroom. Three bedrooms and an updated full bath are located on the second floor. Additionally, there is a flexible bonus room located on the third floor that can be used as an office/playroom or fourth bedroom. This home is ideally situated just minutes from Linden Square, local shops, restaurants, schools, commuter rail, and Wellesley town center, with easy access to major routes and highways. Open House Sunday 9/13 from 1pm - 3pm!
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 1,813 sq ft principal dwelling). Lot size: 6,490 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 MLS and other third-party data may be inaccurate or out of date.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 • Trash Compactor • Microwave • Refrigerator • Washer • Dryer • Cooktop
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Flooring - Wood
Dining Room
Lvl FirstFlooring - Hardwood, French Doors
Kitchen
Lvl FirstFlooring - Hardwood, Dining Area, Kitchen Island
Primary Bedroom
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bathroom 1
Lvl SecondBathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl FirstBathroom - Half, Flooring - Stone/Ceramic Tile
Listing Agent: Mariam Priestley
Listing Office: Berkshire Hathaway HomeServices Town and Country Real Estate
MLS® Number: 73547038
