$529,900
Investment Analysis — 677 Boston Road
Billerica, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01803 carries an estimated $3,460/mo in gross rent — about a 4.87% cap rate and $25,807/yr in estimated NOI at the $529,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,117
Style
Single Family
Built
1955
Welcome to this gorgeous, recently updated 7-room Cape, offering the perfect blend of classic charm, modern updates, and exceptional outdoor living. Set on an impressive 23,000+ square foot level, fenced, and professionally landscaped lot, this wonderful home is truly move-in ready with absolutely nothing to do but unpack and enjoy!The beautifully updated kitchen provides a welcoming space for everyday living and entertaining, while the updated bath adds to the home's modern appeal. Numerous major improvements include a newer roof, boiler, circuit breakers, and backup generator, all completed in 2016, providing peace of mind for years to come. An abundance of natural sunlight fills the home, creating a bright and cheerful atmosphere throughout.Storage will never be an issue, with a copious amount of space thoughtfully available throughout the home. A convenient first-floor laundry adds to the home's functionality and ease of living. Outside, the possibilities are endless on this expansive, level property. The oversized 10-car driveway offers an abundance of parking for family and guests.Enjoy summer barbecues and crisp fall evenings on the oversized deck, which steps down to a lovely private patio complete with a fire pit—perfect for relaxing, entertaining, and enjoying the beautifully landscaped surroundings. The fully fenced yard provides privacy and plenty of room to garden, play, or simply unwind.Conveniently located within walking distance of local shops and the grocery store, this home offers an ideal combination of comfort, convenience, and outdoor enjoyment. With its spacious lot, extensive updates, abundant storage, natural light, and inviting outdoor spaces, this exceptional Cape is ready for its next chapter. Simply move in, settle back, and enjoy all this special property 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: 559 sq ft (the lesser of 900 sq ft or half the 1,117 sq ft principal dwelling). Lot size: 23,710 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Dining Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Kitchen
Lvl Main,FirstCloset/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Exterior Access, Open Floorplan, Stainless Steel Appliances
Family Room
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Open Floorplan
Primary Bedroom
Lvl SecondVaulted Ceiling(s), Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box
Bedroom 2
Lvl SecondListing Agent: Michael Austin
Listing Office: Austin Realty Group
MLS® Number: 73582502
