Investment Analysis — 59 Blanchard Rd

Cambridge, MA 02138

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02138 carries an estimated $5,070/mo in gross rent — about a 4.00% cap rate and $39,833/yr in estimated NOI at the $995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,056

Style

Single Family

Built

1940

Attention Developers and those who love to rehab or renovate! Enjoy an exceptional Cambridge location near the Belmont line, offering the perfect balance of neighborhood living and urban convenience. Close to Fresh Pond Reservation and the Fresh Pond/Alewife shopping district, including Whole Foods and Trader Joe’s, with easy access to Alewife Station and the Red Line, Route 2 and major commuter routes. Convenient to Harvard Square, Belmont and Watertown, as well as Cambridge and Boston’s renowned universities and medical centers, including nearby Mount Auburn Hospital. Enjoy an abundance of restaurants, cafés, shopping and everyday conveniences, plus Fresh Pond’s scenic trails and green space. An ideal location for commuting into Boston, exploring Cambridge or enjoying everything this vibrant area 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: 528 sq ft (the lesser of 900 sq ft or half the 1,056 sq ft principal dwelling). Lot size: 4,000 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.