31 Leary St Wayland — Photo 1 of 23
$989,000
Investment Analysis — 31 Leary St
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 2.36% cap rate and $23,345/yr in estimated NOI at the $989,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,029
Style
Single Family
Built
1953
Move right in to this sun-filled fully remodeled picture perfect Cape style home in a desirable south side neighborhood. This is the epitome of turn-key. Renovations in 2025 include kitchen, baths, flooring, plumbing, electric, and mechanicals. The bright kitchen is open to a well proportioned dining area and family room. A sunny livingroom with gleaming hardwood floors can double as a second family room for relaxed entertaining. There are two bedrooms on the first level. The second level contains two more bedrooms with generous ceiling height and a full dormer creating even more space. The level backyard is easily accessed from the kitchen by a large deck that is suitable for outdoor dining. The detached oversized garage can accommodate today’s SUVs as well as workshop and storage space. The home is a short distance to playing fields, a public beach, shops and restaurants, as well as convenient commuter routes. Don’t miss this gem!
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 2,029 sq ft principal dwelling). Lot size: 12,898 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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Neighborhood
Shopping • Park • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13 x 17
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl First15 x 11
Skylight, Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances
Family Room
Lvl First20 x 11
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Window(s) - Picture
Primary Bedroom
Lvl Second17 x 14
Flooring - Hardwood, Lighting - Overhead
Bedroom 2
Lvl Second19 x 12
Bedroom 3
Lvl First10 x 14
Flooring - Hardwood
Bedroom 4
Lvl First11 x 10
Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower
Listing Agent: Liz Kincannon
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73579361
