203 Bacon St Natick — Photo 1 of 25
$1,059,000
Investment Analysis — 203 Bacon St
Natick, MA 01760 — Walnut Hill
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01760 carries an estimated $3,850/mo in gross rent — about a 2.39% cap rate and $25,276/yr in estimated NOI at the $1,059,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,872
Style
Single Family
Built
1920
Wonderful opportunity to own a charming, classic 1920's Colonial in the heart of Walnut Hill! This meticulously cared for home sits on just over a half acre of land and is filled with timeless character, high ceilings, tons of natural light and blends original period details with thoughtful updates. The large (updated) windows and gleaming hardwood floors create a bright and welcoming atmosphere throughout the home. A spacious foyer welcomes you to a classic floor plan, flanked by the living and dining rooms. The front-to-back living room has a wood burning fireplace and access to the lovely screened in porch while the spacious dining room boasts a charming built-in hutch. An updated kitchen overlooking the expansive backyard provides lots of storage with room for an island or small eat-in area, and a half bath completes the first floor. Upstairs you will find all four bedrooms and the generously sized full bath. And don't forget the unfinished walk-up attic that is primed for a future bonus room or primary suite! There is also a partial unfinished basement and a one car garage perfect for a small car or storage space. Other highlights include a 2016 boiler, 2011 oil tank, 2025 roof, 2026 water tank and replacement windows throughout. Enjoy the proximity to all major routes and shopping as well as Walnut Hill School and everything that Natick Center has to offer!
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 1,872 sq ft principal dwelling). Lot size: 22,216 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
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Picture, Exterior Access
Dining Room
Lvl Main,FirstFlooring - Hardwood, Crown Molding
Kitchen
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl SecondListing Agent: The Allain Group
Listing Office: Compass
MLS® Number: 73574717
