Investment Analysis — 121 High Street

Billerica, MA 01862 — North Billerica

Based on HUD Small Area Fair Market Rent for Lowell, MA HUD Metro FMR Area, a 3-bedroom in 01862 carries an estimated $2,960/mo in gross rent — about a 3.27% cap rate and $19,625/yr in estimated NOI at the $599,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,450

Style

Single Family

Built

1950

Come On By To Say High! Welcome to 121 High Street in beautiful Billerica. This comfortable single-level, ranch style layout includes three bedrooms and a full bath, offering easy everyday living. The spacious living areas offer plenty of room to relax and entertain - the family room holds inviting space featuring a vaulted ceiling with exposed wood beam and brick fireplace with wood stove. The living room boasts hardwood flooring and great natural light, could also be used as a formal dining room. Outside, the expansive lot offers plenty of space to enjoy, with an in-ground pool creating the perfect setting for gatherings, entertaining, or simply relaxing at home! The over 2 ACRE private lot boasts a storage shed and built in BBQ setup. In close proximity to shopping, schools, major highways, public transportation and many more amenities. Schedule your private showings today!

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: 725 sq ft (the lesser of 900 sq ft or half the 1,450 sq ft principal dwelling). Lot size: 99,317 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.