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35 Forest Street Wellesley — Photo 1 of 31

35 Forest Street Wellesley — Photo 1 of 31

$1,885,000

Investment Analysis — 35 Forest Street

Wellesley, MA 02481 — Wellesley Hills

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02481 carries an estimated $5,340/mo in gross rent — about a 1.81% cap rate and $34,077/yr in estimated NOI at the $1,885,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,093

Style

Single Family

Built

1856

An inviting front porch welcomes you to this traditional New England Colonial, steeped in local history and timeless charm. Step inside the lovely foyer and gracious center hall, where a thoughtful floor plan offers effortless living and entertaining. An abundance of windows fills the home with natural light. The custom-designed kitchen is a chef’s delight, featuring two sinks, two ovens, and generous counter and cabinet space. It opens to the formal dining room with its walk-in bay and the cozy family room, complete with built-ins. Pocket doors lead to the elegant living room, where a gas fireplace and window seat create the perfect setting for relaxing or enjoying a quiet read. Upstairs, the primary bedroom features two closets, a charming bay window, and an en suite bath with a large shower, double vanity and laundry. Two additional generously sized bedrooms and a full bath complete the second floor. The tree-top third-floor retreat, surrounded by a bank of windows, offers a peaceful and inspiring space for an office or studio, along with a fourth bedroom, full bath, and abundant storage. Designed by a Beacon Hill landscape architect, the beautifully landscaped grounds invite you to enjoy the brick patio and thoughtfully designed gardens. Two driveways provide parking for four cars.Ideally located near the Brook Path, Wellesley Hills commuter rail to Boston, restaurants, and cafés, with easy access to major commuting routes, this exceptional home offers the perfect blend of character, comfort, and convenience—an unbeatable offering for your next home.

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 3,093 sq ft principal dwelling). Lot size: 10,000 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$1,885,000
Annual Taxes$14,624

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
Fireplaces1
FlooringWood, Tile, Flooring - Wood, Flooring - Stone/Ceramic Tile
BasementFull, Bulkhead, Sump Pump, Dirt Floor, Concrete, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone
ZoningSR10

Property & Lot

Acres0.23
SqFt Lot10,000
Lot FeaturesCorner Lot, Wooded, Level

Amenities & Appliances

Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Walk/Jog Trails • Conservation Area • Highway Access

Geography

Floorplan Breakdown

Structural Layout

Third
OfficeBedroom 4
Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

18 x 17

Flooring - Wood, Window(s) - Bay/Bow/Box, Recessed Lighting, Pocket Door, Window Seat

Dining Room
Lvl First

14 x 15

Flooring - Wood, Window(s) - Bay/Bow/Box, Recessed Lighting

Kitchen
Lvl First

18 x 17

Flooring - Wood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Remodeled, Peninsula

Office
Lvl Third

14 x 12

Closet - Walk-in, Flooring - Wood, Recessed Lighting

Family Room
Lvl First

12 x 15

Closet/Cabinets - Custom Built, Flooring - Wood, Recessed Lighting, Pocket Door

Master Bedroom
Lvl Second

13 x 15

Bathroom - Full, Walk-In Closet(s), Closet, Flooring - Wood, Window(s) - Bay/Bow/Box, Recessed Lighting

Bedroom 2
Lvl Second

13 x 17

Bedroom 3
Lvl Second

12 x 15

Walk-In Closet(s), Flooring - Wood, Recessed Lighting

Bedroom 4
Lvl Third

14 x 15

Closet, Flooring - Wood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Wood

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup

Listing Provided By

Listing Agent: Jane Collinson

Listing Office: Advisors Living - Wellesley

MLS® Number: 73575263