$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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First24.3 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,First9.7 x 8.7
Flooring - Vinyl, Window(s) - Bay/Bow/Box, Deck - Exterior, Open Floorplan
Kitchen
Lvl Main,First10.1 x 11.1
Flooring - Vinyl, Window(s) - Bay/Bow/Box, Pantry, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access, Open Floorplan
Family Room
Lvl Basement34.4 x 23.3
Flooring - Wall to Wall Carpet, Flooring - Vinyl, Window(s) - Bay/Bow/Box, Open Floorplan
Primary Bedroom
Lvl Main,First11.1 x 10.2
Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl Main,First11.1 x 9.9
Bedroom 3
Lvl Main,First13.1 x 10.9
Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Listing Agent: Michael Austin
Listing Office: Austin Realty Group
MLS® Number: 73584097







