233 Rice Road Wayland — Photo 1 of 18
$2,095,000
Investment Analysis — 233 Rice Road
Wayland, MA 01778
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01778 carries an estimated $3,960/mo in gross rent — about a 0.18% cap rate and $3,741/yr in estimated NOI at the $2,095,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5.5
SqFt
5,529
Style
Single Family
Built
2006
Grand, spacious, and beautifully situated on a private lot, this home offers an exceptional setting for everyday living and entertaining. Generously proportioned rooms create a wonderful sense of scale, while multiple gathering spaces provide flexibility for hosting, relaxing, and working from home. Thoughtfully designed guest accommodations offer privacy and comfort for extended family and visitors. Outside, a sprawling yard provides abundant space for recreation, entertaining, and enjoying the peaceful surroundings. Complete with a three-car garage and a convenient location near Wayland’s schools, restaurants, and commuter routes, this impressive residence combines privacy, versatility, and timeless appeal
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 5,529 sq ft principal dwelling). Lot size: 72,632 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Refrigerator • Washer • Dryer
Neighborhood
Walk/Jog Trails • Golf • Bike Path • Conservation Area • House of Worship • Public School
Geography
Property History
$2,095,000
Sep 16, 2026
MLS® 73578624
$800,000
Jun 29, 2005
MLS® 70160277
$800,000
Mar 20, 2005
MLS® 70160277
Listing Agent: Gina Anderson
Listing Office: MGS Group Real Estate LTD - Wellesley
MLS® Number: 73578624
