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31 Lantern Lane, Wellesley MA 02481

$1,299,000

Estimated $2,842/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $649,500

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

2233

Total Parking: 10 (2 Garage)

13,809 (0.32)

Wonderful opportunity to own an affordable two-family home in Wellesley. Don't miss this charming two-family home nestled in a desirable neighborhood setting — rich in character and architectural detail with a stunning wrap-around porch that sets it apart. Each unit offers 2 bedrooms, updated electrical service, and a large detached 2-car garage adds exceptional value. Commuters will love the easy highway access, while the generous 13,000 SF lot offers ideal outdoor space with lots of possibilities.

This home has been viewed 35 times

Last Checked: June 23rd, 2026 at 9:08am (Source: MLS PIN #73535428)

Gross Income: $0

Gross Expenses: $8,831

Net Income Calc: $8,831

Water Views

Annual Expenses for 31 Lantern Lane, Wellesley MA 02481

Total Gross Expenses (Calculated)$8,831/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8831

Annual Income & Unit Breakdown for 31 Lantern Lane, Wellesley MA 02481

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 31 Lantern Lane, Wellesley MA 02481

Listing ID73535428

Property TypeMulti Family

Price1299000 ($581.73/SqFt)

StyleMulti Family

CityWellesley

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total2233

Approximate Lot Size (Acres)0.32

Total Parking10 (2 Garage)

Garage Parking2

Year Built1910

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningSR10

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 31 Lantern Lane, Wellesley MA 02481

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsBasement Fridge

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 31 Lantern Lane, Wellesley MA 02481

Real Estate Taxes8831

Tax Year2025

Assessed Value$859,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 31 Lantern Lane, Wellesley MA 02481

Elementary SchoolFiske

Middle SchoolWellesley

High SchoolWellesley

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 31 Lantern Lane, Wellesley MA 02481

Agent

Name: Ned Mahoney

Office

Name: eXp Realty LLC - Corporate Office

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 735.92

Principal & Interest 8004.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Ned Mahoney

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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EXIT

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