Investment Analysis — 64 Hemenway Rd

Framingham, MA 01701

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01701 carries an estimated $3,640/mo in gross rent — about a 4.70% cap rate and $26,779/yr in estimated NOI at the $569,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,890

Style

Single Family

Built

1959

64 Hemenway is officially ready for its next chapter! Whether you are a first-time buyer looking to nest or someone looking to downsize without compromising on yard space, this home is for you. Sitting on a spacious, level half-acre lot, this 1,890 sq ft single-story ranch is the ultimate blank canvas for easy, single-level living.Inside, you will find a super functional layout featuring 4 bedrooms, 1 bathroom, and a cozy living area complete with a wood stove fireplace that is perfect for chilly New England nights. The real party is out back, though—head through the sliding glass doors to a massive backyard featuring an amazing patio that is begging for summer barbecues and fire pit hangouts.Located in an awesome neighborhood, you are just minutes away from Hemenway Elementary School, local parks, and major commuting routes. Bring your vision, your favorite design ideas, and make this charming 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 1,890 sq ft principal dwelling). Lot size: 20,909 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.