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7 Gage Road Wayland — Photo 1 of 41

7 Gage Road Wayland — Photo 1 of 41

$949,000

Investment Analysis — 7 Gage Road

Wayland, MA 01778

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 2.59% cap rate and $24,554/yr in estimated NOI at the $949,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,084

Style

Single Family

Built

1954

Four-bedroom multi-level home on a peaceful Cochituate cul-de-sac. The front living room is filled with natural light and features a picture window and wood-burning fireplace. The updated cherry kitchen has granite countertops and opens to the dining room and window-lined family room. The second floor offers three bedrooms and a full bath, with 2.5 updated baths in total. The lower level includes an office/den, bedroom, second full bath, and laundry.Recent updates include a 2017 high-efficiency Veissmann boiler with on-demand hot water heater, a 2023 roof, and a 2024 whole-home water purification system. Fresh paint throughout and newly refinished hardwood flooring. A new four-bedroom septic system will be installed at the seller’s expense prior to closing. Located near Cochituate ball field and Wayland Town Beach

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 2,084 sq ft principal dwelling). Lot size: 12,800 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.

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Property Details

Financials

Original Price$949,000
Annual Taxes$11,561

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood
BasementFull

Climate & Utilities

HeatingBaseboard, Heat Pump
CoolingHeat Pump
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame, Brick
RoofShingle
FoundationConcrete Perimeter
ZoningR20

Property & Lot

Acres0.29
SqFt Lot12,800
Lot FeaturesSloped

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Tennis Court(s) • Walk/Jog Trails • Golf • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Unknown
OfficeBedroom 4
Living Room
Lvl First

17 x 14

Dining Room
Lvl First

13 x 12

Kitchen
Lvl First

20 x 9

Office
Lvl null

15 x 8

Family Room
Lvl First

14 x 15

Master Bedroom
Lvl Second

14 x 11

Bedroom 2
Lvl Second

13 x 10

Bedroom 3
Lvl Second

10 x 10

Bedroom 4
Lvl null

23 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Eileen Balicki

Listing Office: Advisors Living - Weston

MLS® Number: 73575339