49 School St Tewksbury — Photo 1 of 16
$699,000
Investment Analysis — 49 School St
Tewksbury, MA 01876
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01876 carries an estimated $3,900/mo in gross rent — about a 3.93% cap rate and $27,437/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,764
Style
Single Family
Built
1994
Welcome to 49 School Street, a classic 3-bedroom, 1.5-bath Colonial situated on a lovely 0.29-acre lot in a highly sought-after Tewksbury neighborhood! Offering 1,764 sq. ft. of living space, this home features a fantastic footprint with incredible expansion potential. You’ll immediately appreciate the exceptionally large driveway providing abundant off-street parking. Inside, the traditional layout offers bright living areas ready for your personal touch. The true hidden value lies in the expansion possibilities: a walk-up attic just waiting to be finished into a sprawling primary suite or home office, plus a large, potentially finishable basement offering a blank canvas to build instant equity. Location highlights include the perfect blend of suburban tranquility and everyday convenience, perfectly positioned near local schools, shopping, dining, and major commuter routes. Bring your vision and make this incredible property 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: 882 sq ft (the lesser of 900 sq ft or half the 1,764 sq ft principal dwelling). Lot size: 12,807 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.
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Listing Agent: Lento + Rivkind Real Estate Team
Listing Office: Coldwell Banker Realty - Boston
MLS® Number: 73577303