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10 Days on market

33 Nolte Road Billerica — Photo 1 of 42

$650,000

Investment Analysis — 33 Nolte Road

Billerica, MA 01821 — River Pines

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01821 carries an estimated $3,530/mo in gross rent — about a 3.88% cap rate and $25,224/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,987

Style

Single Family

Built

1964

You’ll fall in love the minute you pull up to this amazing River Pines Neighborhood split-level home! A charming flagstone walkway welcomes you as you enter, a few steps up, into the main level. The sunny eat-in kitchen features a slider to the rear deck (13'x12') and opens seamlessly to the dining area and spacious living room—perfect for everyday living and entertaining. Down the hall are three generously sized bedrooms, including a comfortable primary bedroom with direct access to the full bathroom. The lower level offers an impressive 30'x22' wood paneled family room with a brick hearth and wood stove hookup, along with a laundry room, workshop, and an additional room ready to be finished to suit your needs. With oak flooring under all of the main floor carpets and stairway, natural gas (including a gas connection behind the electric range), a pull down attic, water filtration system, public water and public sewer, this home is just what you’ve been waiting for. Improvements include water heater (2018), gutters, fascia and soffits (2019), HVAC (2022) and electric kitchen stove (2024). Set on a beautiful .67-acre lot, the property offers plenty of room to enjoy the outdoors, along with a 14' x 12' shed for storing all your gardening and outdoor equipment. This is an exceptional property in one of Billerica’s most desirable neighborhoods, with an incredibly convenient location just off Treble Cove Road, less than 1/2 mile to Dutile Elementary School and under one mile to the train station and Rt 3. Parking for 6 cars. Don’t miss the opportunity to make this wonderful 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: 900 sq ft (the lesser of 900 sq ft or half the 1,987 sq ft principal dwelling). Lot size: 1 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.