
4 Woodlawn Oval Wellesley — Photo 1 of 42
$2,095,000
Investment Analysis — 4 Woodlawn Oval
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 1.41% cap rate and $29,524/yr in estimated NOI at the $2,095,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,721
Style
Single Family
Built
1937
OFFER DEADLINE MONDAY AT 6PM. Please make all offers good for 24 hours and attached in 1 PDF. Set on a coveted, quiet cul-de-sac in Wellesley Farms, this beautifully appointed Colonial has been extensively renovated and is perfectly located—just minutes from the commuter rail and moments from nature trails and neighborhood shops. The owners worked with one of the area’s premier builders to thoughtfully remodel the home while preserving its original character, with careful attention paid to every detail. The fully renovated kitchen features custom beaded-inset cabinetry, super white quartzite countertops, a large island with custom woodworking, and a suite of top-of-the-line Wolf and Bosch appliances. Filled with natural light from a large skylight, the kitchen opens to a sun-filled family room with a custom wood-paneled cathedral ceiling and a wall of windows overlooking the large private backyard and patio.An elegant living room with a handsome fireplace and original built-in bookcases, and a dining room featuring classic wainscoting, designer wallpaper, and built-in cabinetry, complete the main living spaces. A fully renovated powder room includes a custom vanity and quartzite countertop that complement the kitchen. A convenient mudroom and laundry with custom cabinetry and washer and dryer add to the ease of everyday living.On the second floor, three generous bedrooms are equipped with custom closets, and a fully renovated full bath features custom cabinetry, quartzite countertops, nonslip tile floors, and Kohler bathtub, shower, and fixtures. The finished lower level provides flexible additional living space, including an oversized bedroom suite with a full bath, a large recreation room, and additional storage, offering flexibility for guests, work, play, and more.Outside, the expansive yard was thoughtfully redesigned by an award-winning landscape architect, with new plantings, a spacious bluestone patio, Wi-Fi-controlled irrigation, and a new cedar fence. Additional improvements include a brick-and-bluestone front entrance, new exterior doors, new lighting, a new boiler, new basement flooring, a reverse osmosis water filter, copper downspouts, French drains, smart thermostats, smart locks, and an EV charger.
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 2,721 sq ft principal dwelling). Lot size: 9,165 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 • Range • Dishwasher • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer • Water Treatment
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12.3 x 23.5
Dining Room
Lvl First11.7 x 12.11
Kitchen
Lvl First15.4 x 19.5
Family Room
Lvl First20.9 x 11.7
Primary Bedroom
Lvl Second19.5 x 11.7
Bedroom 2
Lvl Second12.3 x 12.5
Bedroom 3
Lvl Second11.4 x 15.1
Bathroom 1
Lvl First5.3 x 5.4
Bathroom - Half
Bathroom 2
Lvl Second11.4 x 8.2
Bathroom - Full
Bathroom 3
Lvl Basement7.2 x 8.5
Bathroom - Full
Listing Agent: Whitney Cheever
Listing Office: Hope McDermott Real Estate
MLS® Number: 73579024

