Investment Analysis — 120 Arlington St

Framingham, MA 01702

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01702 carries an estimated $2,650/mo in gross rent — about a 3.48% cap rate and $18,793/yr in estimated NOI at the $540,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,536

Style

Single Family

Built

1925

Move-in ready 2-bedroom, 2-bath home featuring high ceilings throughout and a spacious open-concept layout. The first floor offers a bright living room that flows into the eat-in kitchen with newer appliances, creating a great space for everyday living and entertaining. Upstairs features a large primary suite with a private balcony and en-suite bath, along with an oversized second bedroom. Additional highlights include parking for 3 cars, an unfinished basement offering plenty of storage space, a fenced-in backyard, 200-amp electrical service, and a convenient commuter location close to trains, restaurants, shopping, and major routes. A wonderful opportunity to own a move-in ready home in the heart of Framingham.

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: 768 sq ft (the lesser of 900 sq ft or half the 1,536 sq ft principal dwelling). Lot size: 2,361 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 MLS and other third-party data may be inaccurate or out of date.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.