
22 Basswood Ave Billerica — Photo 1 of 42
$750,000
Investment Analysis — 22 Basswood Ave
Billerica, MA 01821
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01821 carries an estimated $3,890/mo in gross rent — about a 3.68% cap rate and $27,596/yr in estimated NOI at the $750,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,480
Style
Single Family
Built
1945
Updated 3BR Ranch with Legal 1BR In-Law Apartment & 3-Car Heated/Cooled Garage. Conveniently located in a highly desirable neighborhood, this updated 3-bedroom ranch offers exceptional flexibility, modern comforts, and a fully legal 1-bedroom ADU/in-law apartment.New front steps welcome you into a vaulted-ceiling living room filled with natural light. Hardwood floors run throughout the home, complemented by fresh paint and thoughtful updates. The chef’s kitchen features granite countertops, stainless steel appliances, a double oven, hood-vented gas cooktop, and abundant workspace.The primary bedroom includes its own private bath and two walk-in closets with cork flooring. A versatile third bedroom provides the perfect opportunity for a home office, dining room, study, or flex space to suit your needs. At the back of the home, a four-season sunroom overlooks a spacious, private backyard complete with gardens and a storage shed. Step outside to the newly built covered porch with a connecting breezeway from the main home to the oversized 3-car heated and cooled garage—also providing a second separate entrance to the ADU. The ADU offers an open-concept living/dining area, a large bedroom with cork flooring and a walk-in closet, a full bath with full-size laundry, plus its own deck and pull-down attic for additional storage. Major updates include both HVAC systems and a new roof (with metal roofing on the garage). Utilities are shared. Floor plans are attached to MLS paperclip. New Offer Deadline: Friday September 18 by 7pm!
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 2,480 sq ft principal dwelling). Lot size: 32,862 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19 x 11
Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
Dining Room
Lvl First10 x 9
Flooring - Hardwood
Kitchen
Lvl First18 x 15
Skylight, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
Primary Bedroom
Lvl First19 x 13
Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Laminate
Bedroom 2
Lvl First9 x 14
Bedroom 3
Lvl First18 x 8
Ceiling Fan(s), Flooring - Hardwood
Bathroom 1
Lvl First10 x 6
Bathroom - Tiled With Shower Stall, Flooring - Hardwood
Bathroom 2
Lvl First5 x 9
Flooring - Vinyl
Listing Agent: Susan Mathurin
Listing Office: Advisors Living - Tewksbury
MLS® Number: 73576545