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Active
6 Days on market

$799,900

Investment Analysis — 3 Old Colony Rd

Burlington, MA 01803

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01803 carries an estimated $4,150/mo in gross rent — about a 3.96% cap rate and $31,639/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

2,013

Style

Single Family

Built

1954

Welcome to this gorgeous custom ranch offering 10 spacious rooms, 3 bedrooms, 2.5 baths, and exceptional versatility in a fantastic Burlington location. Thoughtfully designed for comfortable living and entertaining, this bright and spacious home features an inviting layout with plenty of room for everyone. A standout feature is the flexible in-law or live-in quarters, offering an ideal solution for extended family, guests, a home office, or those seeking additional private living space. The possibilities are endless! Car enthusiasts will appreciate the oversized 2-car heated garage, providing generous space for vehicles, hobbies, storage, or a workshop. It’s a rare feature that combines practicality with plenty of room to pursue your passions year-round. The main living spaces are filled with natural light and offer a warm, welcoming atmosphere. Step outside onto the oversized deck and enjoy peaceful views of the private 20,000+ square foot lot—perfect for outdoor dining, entertaining, gardening, or simply relaxing in your own private setting. The sunroom adds another wonderful space to enjoy the changing seasons while taking in the serene surroundings. Recently painted and move-in ready, this home offers the opportunity to settle in and make it your own from day one. Location is truly exceptional! Enjoy the convenience of being within walking distance to downtown Burlington’s shops, restaurants, and amenities, as well as the library, Burlington Mall, and Lahey Hospital & Medical Center. With easy access to major highways and everything you need close by, this home combines privacy and spacious living with an incredibly convenient location. A unique custom ranch with flexible living space, a heated oversized garage, expansive lot, and unbeatable convenience—this is a special opportunity to enjoy all that Burlington has to offer.

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 2,013 sq ft principal dwelling). Lot size: 20,199 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.

Immersive Experience

Property Details

Financials

Original Price$799,900
Annual Taxes$6,209

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Vinyl, Carpet, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Bulkhead

Climate & Utilities

HeatingForced Air, Gravity, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRO

Property & Lot

Acres0.46
SqFt Lot20,199
Lot FeaturesCleared, Level

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Basement
Family Room
Main,First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

24.3 x 11.1

Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Window(s) - Picture, Exterior Access, Open Floorplan

Dining Room
Lvl Main,First

9.7 x 8.7

Flooring - Vinyl, Window(s) - Bay/Bow/Box, Deck - Exterior, Open Floorplan

Kitchen
Lvl Main,First

10.1 x 11.1

Flooring - Vinyl, Window(s) - Bay/Bow/Box, Pantry, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Open Floorplan

Family Room
Lvl Basement

34.4 x 23.3

Flooring - Wall to Wall Carpet, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Open Floorplan

Primary Bedroom
Lvl Main,First

11.1 x 10.2

Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box

Bedroom 2
Lvl Main,First

11.1 x 9.9

Bedroom 3
Lvl Main,First

13.1 x 10.9

Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box

Listing Provided By

Listing Agent: Michael Austin

Listing Office: Austin Realty Group

MLS® Number: 73584097