Investment Analysis — 172 Boston Road

Billerica, MA 01862

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 4.04% cap rate and $25,422/yr in estimated NOI at the $629,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,751

Style

Single Family

Built

1924

Expanded Ranch with Exceptional Interiors featuring 6 Rooms, 3 Bedrooms, 1 & 3/4 Baths & front 9'x5' & side 15'x7' enclosed porches. Applianced Kitchen, Dining Room with French Doors & chandelier. Living Room with Picture Window Attic & Basement storage. 1 Car Garage under with 2 Driveways. Apple, Pear & Cherry fruit trees, Blue Berry plants in garden & & Grape vined trellis to enjoy in the back yard.Located @ the intersections of Routes 3A & 129 & walking distace to the Train Station to Cambridge & Boston.

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: 876 sq ft (the lesser of 900 sq ft or half the 1,751 sq ft principal dwelling). Lot size: 39,813 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 MLS and other third-party data may be inaccurate or out of date.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.