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3 Tally Ho Ln Wayland — Photo 1 of 36

3 Tally Ho Ln Wayland — Photo 1 of 36

$1,320,000

Investment Analysis — 3 Tally Ho Ln

Wayland, MA 01778 — Cochituate

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01778 carries an estimated $3,590/mo in gross rent — about a 1.17% cap rate and $15,414/yr in estimated NOI at the $1,320,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3

SqFt

2,131

Style

Single Family

Built

1957

This is the one you've been waiting for! Beautifully gut-renovated ranch-style home offering comfortable one-level living with thoughtfully finished additional space in a desirable Wayland neighborhood. Set on approximately 0.47 acres, this stunning home welcomes you with an open, inviting layout and an abundance of natural light. The spacious living room features a cozy fireplace and flows seamlessly into the dining area, creating the perfect setting for both everyday living and entertaining. The beautifully renovated kitchen is the heart of the home, thoughtfully designed with a perfect balance of style and functionality. A large skylight and generously sized windows fill the space with natural light, while abundant recessed lighting adds warmth and ambiance throughout. The kitchen opens directly to the large deck, making indoor-outdoor entertaining effortless. Three well-proportioned bedrooms offer generous closet space, including a comfortable primary suite with a beautifully appointed spa-like bathroom—a peaceful retreat at the end of the day. Two additional full bathrooms provide exceptional convenience for family and guests. The freshly finished, walk-out lower level significantly expands the home's versatility, offering flexible space for a home office, gym, recreation room, guest area, or playroom. With excellent natural light and direct outdoor access, this level can easily adapt to a variety of needs and lifestyles. Step outside to discover your own private backyard oasis. The spacious deck is ideal for summer dining, entertaining, or simply enjoying a quiet morning coffee, while the approximately 0.47-acre lot provides plenty of room to relax, play, and garden.Additional highlights include a one-car garage, multiple-zone central air and exceptional move-in-ready condition. Ideally located in the sought-after Cochituate area of Wayland, with convenient access to highly regarded schools, shopping, restaurants, conservation areas, commuter routes, and all that Wayland has to offer. Beautifully renovated, thoughtfully designed, and ready to enjoy—nothing to do but move in and make it your own!

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 2,131 sq ft principal dwelling). Lot size: 20,680 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

Original Price$1,320,000
Annual Taxes$17,327

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Hardwood
BasementFull, Finished, Interior Entry

Climate & Utilities

HeatingForced Air, Heat Pump, Oil, Ductless
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR40

Property & Lot

Acres0.47
SqFt Lot20,680
Lot FeaturesCorner Lot, Cleared, Level

Amenities & Appliances

Range • Dishwasher • Refrigerator • Freezer • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
Primary BedroomBedroom 2Bathroom 1Bathroom 2
Basement
Bedroom 3Bathroom 3
Main,First
Dining RoomKitchenFamily Room
Dining Room
Lvl Main,First

Flooring - Hardwood, Recessed Lighting, Remodeled

Kitchen
Lvl Main,First

Skylight, Flooring - Hardwood, Kitchen Island, Recessed Lighting, Remodeled

Family Room
Lvl Main,First

Flooring - Hardwood, Recessed Lighting

Primary Bedroom
Lvl First

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Exterior Access, Recessed Lighting

Bedroom 2
Lvl First
Bedroom 3
Lvl Basement

Closet, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl First

Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Basement

Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Anya Kogan

Listing Office: Luxury Realty Partners

MLS® Number: 73577826