
233 Lakeshore Dr Wayland — Photo 1 of 40
$899,000
Investment Analysis — 233 Lakeshore Dr
Wayland, MA 01778
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01778 carries an estimated $3,590/mo in gross rent — about a 2.08% cap rate and $18,699/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,951
Style
Single Family
Built
1920
Stunning waterfront colonial on a quiet street in the idyllic Dudley Pond neighborhood with access to kayaking, canoeing, and swimming. The bright, spacious first floor features high ceilings, an open layout filled with natural light, a modern kitchen with custom cabinetry, quartz countertops, and stainless steel appliances, plus an office/4th bedroom option, an updated bath, and a large mudroom. Upstairs, the generous primary bedroom boasts vaulted ceiling with a beautiful big window, walk-in closets, and a private balcony with serene pond views, alongside two additional bedrooms, a full bath, and laundry. Highlights include a finished lower-level rec room, storage, a level fenced yard, new central A/C system, new & refinished hardwood floors, and a new hot water tank. Convenient to top-rated Wayland public schools, shops, restaurants, commuting routes & Mansion Beach, this unique property offers tranquility & convenience in a serene waterfront location. Imagine the possibilities within this delightful property, a place where cherished memories are waiting to be made.
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 1,951 sq ft principal dwelling). Lot size: 15,486 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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Shopping • Park • Walk/Jog Trails • Golf • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCeiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Remodeled
Dining Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
Office
Lvl FirstCloset, Flooring - Hardwood
Primary Bedroom
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCeiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Property History
$899,000
Sep 23, 2026
MLS® 73581977
$750,000
Dec 7, 2025
MLS® 73433098
$799,000
Sep 18, 2025
MLS® 73433098
Listing Agent: Sharon Tang
Listing Office: U3 Realty, LLC
MLS® Number: 73581977