Investment Analysis — 20 Corrine Dr

Framingham, MA 01701

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01701 carries an estimated $3,300/mo in gross rent — about a 4.17% cap rate and $23,704/yr in estimated NOI at the $568,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,236

Style

Single Family

Built

1958

Welcome to this lovingly maintained 3-bedroom, 1.5-bath ranch, cherished by the same owners for over 40 years and ready for its next chapter. Set on a generous .46-acre lot, this home offers the ease and functionality of one-level living with a floor plan designed for both everyday comfort and entertaining. A welcoming front porch leads into the fireplaced living room, while the dining room features sliders opening directly to the back patio—perfect for outdoor dining and summer gatherings. The kitchen is conveniently positioned between the main living spaces, and a separate family room with additional sliders to the backyard provides flexible space for relaxing, entertaining, a home office, or playroom. Just outside, enjoy a spacious mostly fenced-in backyard offering plenty of room for gardening, recreation, pets, or simply relaxing outdoors. A storage shed provides convenient space for lawn equipment, tools, bikes, and seasonal items, while the patio creates a natural extension of the home's living space. A one-car garage adds even more storage and everyday convenience.The neighborhood is another highlight, with two nearby parks and the desirable Garden in the Woods, offering wonderful opportunities to enjoy the outdoors close to home. Restaurants, shopping, everyday conveniences, and commuter routes are all within easy reach. With its comfortable single-level layout, established yard, neighborhood setting, and decades of thoughtful care, this is a wonderful opportunity to make a well-loved home your own.

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: 618 sq ft (the lesser of 900 sq ft or half the 1,236 sq ft principal dwelling). Lot size: 20,038 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.