Back to Search
Active
6 Days on market
87 Audubon Road Norwood — Photo 1 of 42

87 Audubon Road Norwood — Photo 1 of 42

$700,000

Investment Analysis — 87 Audubon Road

Norwood, MA 02062 — AWESOME!

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02062 carries an estimated $3,380/mo in gross rent — about a 3.47% cap rate and $24,307/yr in estimated NOI at the $700,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

1,846

Style

Single Family

Built

1955

First time on market since 1983! Well cared for unexpectedly large and flexible floor plan of this expanded 3bed/2.5 bath Cape with FIRST FLOOR PRIMARY en suite! The 8 rooms allow multiple living/WFH options including a possible 4th bedroom. Nicely sited near the end of a splendid dead-end street in a wicked nice pocket-neighborhood sometimes referred to as Pleasant Park. Fun fact: it was identified as Cleveland Park on the original plans. South-facing sunroom has been used for additional dining space as it's adjacent to kitchen and slider opens onto the 16x16 wooden deck overlooking a sweet fenced-in yard creating an extra outdoor "room" with superb sunsets. Living room with wood burning fireplace and large bay window captures exquisite sunrises. Den/home office was originally a bedroom before expansion. Public record states 3 full baths, however, the downstairs full bath was modified to allow the primary addition and now is 1/2 bath. Closets everywhere. 3 through-the-wall a/c units keep the entire downstairs cool. Bonus finished room, workshop and abundant storage in basement. While the home will benefit from modest cosmetic updates, lots of important improvements have already been made including: 150 Amp CB panel, architectural shingle ROOF including primary bedroom skylight, kitchen counters, backsplash and appliances, berber carpet on stairs and landing, laminate flooring (kitchen, mudroom, hallway, living room) as well as the windows and bath fixtures in the primary (all in 2021); hot water tank 2022; second floor and stairwell professionally painted 2026; boiler serviced and fireplace cleaned annually. Gas available at street. NOT in flood zone, see letter of determination attached. Please watch the short narrated video (attached) to get better idea of overall condition and flow of this wonderful property. Only 1.3 miles to Commuter Rail!

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 1,846 sq ft principal dwelling). Lot size: 8,712 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

Original Price$700,000
Annual Taxes$6,519

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Carpet, Laminate, Hardwood, Flooring - Hardwood
BasementFull, Crawl Space, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Oil
CoolingWall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.2
SqFt Lot8,712
Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 3
Main,First
Living RoomDining RoomKitchenPrimary BedroomBathroom 1Bathroom 2
Main
Office
Living Room
Lvl Main,First

10.833333333 x 15.833333333

Flooring - Laminate, Window(s) - Bay/Bow/Box, Exterior Access

Dining Room
Lvl Main,First

10.5 x 10.833333333

Flooring - Hardwood

Kitchen
Lvl Main,First

9 x 12.666666666

Flooring - Laminate, Countertops - Stone/Granite/Solid, Exterior Access

Office
Lvl Main

12.333333333 x 15.25

Ceiling Fan(s), Flooring - Hardwood

Primary Bedroom
Lvl Main,First

13.666666666 x 15.833333333

Bathroom - Full, Skylight, Walk-In Closet(s), Flooring - Wood

Bedroom 2
Lvl Second

14.583333333 x 15.833333333

Bedroom 3
Lvl Second

10.5 x 14.583333333

Closet, Flooring - Hardwood

Bathroom 1
Lvl Main,First

4.916666666 x 8.666666666

Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Main,First

4.416666666 x 13.75

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

6 x 8.666666666

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Adam S. Hayes

Listing Office: Milestones Realty

MLS® Number: 73584778