Active

47 Days on market

183 Arthur Street Framingham — Photo 1 of 37

Recent Drop: $20,000

$829,000

$809,000

Investment Analysis — 183 Arthur Street

Framingham, MA 01702

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01702 carries an estimated $3,510/mo in gross rent — about a 2.93% cap rate and $23,692/yr in estimated NOI at the $809,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

2.5

SqFt

2,046

Style

Single Family

Built

2002

Welcome to this beautifully maintained, sun-filled Colonial in desirable Clarks Hill, where classic charm meets comfortable, modern living. Southern exposure, gleaming hardwood floors, recessed lighting, and an abundance of natural light create a warm and inviting atmosphere throughout. The soaring two-story foyer makes an impressive first impression and sets the tone for the spacious and thoughtfully designed interior.The expansive living room, highlighted by a cozy fireplace, flows effortlessly into the dining room and opens to the kitchen, creating a wonderful open-concept setting ideal for both everyday living and entertaining. The kitchen features stainless steel appliances, abundant cabinetry, and an exterior-vented range hood. A first-floor bedroom, complemented by additional flexible space, offers versatility for a home office, guest room, study, or other needs.Upstairs, the spacious primary suite provides a peaceful retreat with a walk-in closet and private full bath. Two additional generously sized bedrooms, each with double closets, provide excellent comfort and storage. The semi-finished lower level adds valuable flexible space for a family room, recreation area, home gym, or hobby space, along with ample storage.Step outside onto the wonderful sundeck and enjoy the tranquility of the semi-private, tree-lined lot, beautifully enhanced by perennial gardens and flowering shrubs. Additional highlights include a one-car garage with door opener, pull-down attic. Solar panels are leased with approximately nine years remaining on the contract.Ideally located near shopping, restaurants, the Boston commuter rail, Butterworth Park, tennis courts, and Jack's Abby Brewery, this inviting home offers a wonderful combination of space, comfort, natural beauty, and convenience. A special opportunity to enjoy the best of Clarks Hill living!

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 2,046 sq ft principal dwelling). Lot size: 8,712 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.