20 Days on market
104 Fairbanks Avenue Wellesley — Photo 1 of 42

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.

View Standard Listing

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

Original Price$2,695,000
Annual Taxes$2,237,000

Parking

Garage2
Off-Street7

Interior Specifications

Total Rooms11
Fireplaces1
FlooringFlooring - Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
BasementFull

Climate & Utilities

HeatingNatural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningSR15

Property & Lot

Acres0.34
SqFt Lot14,689
Lot FeaturesCul-De-Sac, Level

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bedroom 5Bathroom 2
First
Bathroom 1
Main,First
Living RoomDining RoomKitchenFamily Room
Main
Office
Living Room
Lvl Main,First

12 x 23

Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Hardwood, Lighting - Sconce

Dining Room
Lvl Main,First

13 x 13

Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Wainscoting

Kitchen
Lvl Main,First

16 x 15

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Gas Stove, Lighting - Pendant

Office
Lvl Main

10 x 22

Flooring - Hardwood, French Doors, Recessed Lighting

Family Room
Lvl Main,First

13 x 17

Closet/Cabinets - Custom Built, Flooring - Hardwood, Exterior Access, Open Floorplan, Recessed Lighting

Primary Bedroom
Lvl Second

16 x 17

Vaulted Ceiling(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Bedroom 2
Lvl Second

12 x 11

Bedroom 3
Lvl Second

12 x 11

Closet, Flooring - Hardwood

Bedroom 4
Lvl Second

12 x 12

Closet, Flooring - Hardwood

Bedroom 5
Lvl Second

17 x 13

Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Hardwood

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall

Listing Provided By

Listing Agent: The Lara & Chelsea Collaborative

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73571045