
104 Fairbanks Avenue Wellesley — Photo 1 of 42
$2,695,000
Investment Analysis — 104 Fairbanks Avenue
Wellesley, MA 02481 — Poets
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02481 carries an estimated $5,340/mo in gross rent — about a 0.61% cap rate and $16,361/yr in estimated NOI at the $2,695,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3.5
SqFt
4,054
Style
Single Family
Built
1933
Set on a picturesque cul-de-sac in Wellesley’s coveted Poet's neighborhood, this exceptional home offers an ideal blend of sophisticated living and everyday comfort. An inviting open floor plan creates a seamless flow between the kitchen, dining, and living spaces, while thoughtfully designed formal and informal rooms provide flexibility for both entertaining and relaxed family living. Chef's kitchen with doubles ovens includes a breakfast room with a window seat and custom built- in cabinet and opens to the family room with doors leading to the expansive and private backyard. A dedicated home office offers a quiet and private workspace features French doors to the blue stone patio. An oversized mudroom keeps belongings neat and tidy. Five generously sized bedrooms including a serene Primary suite with soaring ceiling, picture windows and double walk in closets. Four other bedrooms provide exceptional versatility for family, guests, and additional living needs. Lower level features a playroom and potential to fully finish another 640 sq.ft. for added value. Ideally located in one of Wellesley’s most desirable neighborhoods, this special property offers an outstanding combination of space, functionality, and location. Picture perfect in a dream neighborhood!
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 4,054 sq ft principal dwelling). Lot size: 14,689 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First12 x 23
Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Sconce
Dining Room
Lvl Main,First13 x 13
Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Wainscoting
Kitchen
Lvl Main,First16 x 15
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant
Office
Lvl Main10 x 22
Flooring - Hardwood, French Doors, Recessed Lighting
Family Room
Lvl Main,First13 x 17
Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting
Primary Bedroom
Lvl Second16 x 17
Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Bedroom 2
Lvl Second12 x 11
Bedroom 3
Lvl Second12 x 11
Closet, Flooring - Hardwood
Bedroom 4
Lvl Second12 x 12
Closet, Flooring - Hardwood
Bedroom 5
Lvl Second17 x 13
Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Half, Flooring - Hardwood
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall
Listing Agent: The Lara & Chelsea Collaborative
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73571045
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