
2 Border Rd Natick — Photo 1 of 41
$675,000
Investment Analysis — 2 Border Rd
Natick, MA 01760
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 4.18% cap rate and $28,186/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
1,812
Style
Single Family
Built
1914
Attention contractors, builders, investors and buyers with vision! Rare opportunity in a highly desirable Natick location. Situated on a beautiful .73-acre corner lot, this property offers tremendous potential for renovation, expansion or redevelopment. The existing home combines the character of the original circa-1914 residence with a 2008 addition, plus additional basement space beneath the newer construction. The home is in need of significant renovation, making this an excellent opportunity for a buyer looking to create something special – whether by reimagining the existing residence, undertaking a substantial renovation, or exploring redevelopment possibilities. Location is a major highlight. Conveniently positioned near I-90 and Routes 9, 20 and 30, with easy access to Boston and close proximity to Natick Center, Wellesley Center, schools, shopping, restaurants, recreation and conservation areas. Properties offering this combination of lot size, location and possibilities are increasingly difficult to find. Bring your contractor, architect and ideas and explore the potential. Property sold as-is. Buyer to perform due diligence regarding intended use and redevelopment potential.
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 1,812 sq ft principal dwelling). Lot size: 31,803 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
Amenities & Appliances
Water Heater • Range • Dishwasher
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Listing Agent: Sue Gordon
Listing Office: Castinetti Realty Group
MLS® Number: 73580618
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