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505 Winter Street Framingham — Photo 1 of 31

505 Winter Street Framingham — Photo 1 of 31

$575,000

Investment Analysis — 505 Winter Street

Framingham, MA 01702

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01702 carries an estimated $3,180/mo in gross rent — about a 3.98% cap rate and $22,888/yr in estimated NOI at the $575,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,012

Style

Single Family

Built

1952

Updated Ranch on a beautifully wooded, 1/3 acre+ lot in a convenient location! This inviting 3-bedroom home offers comfortable one-level living space, plus a partially finished lower level providing additional space for recreation, storage, and laundry. The main level features a warm and welcoming living room with hardwood flooring, a ceiling fan, and a wood/coal/pellet stove, creating a cozy gathering space. The custom kitchen has been thoughtfully updated with upgraded cabinetry, stone/granite countertops, stainless steel appliances, a dining area, and exterior access. Three bedrooms, all with hardwood flooring, offer flexibility for family, guests, or an at-home office. The lower level adds versatility with a spacious playroom and ample storage and utility space. Outside, enjoy the privacy of the wooded setting, paved driveway, welcoming porch, and attached one-car garage. Recent improvements include fresh interior paint, a newer roof, stainless steel appliances, an updated kitchen, hardwood floors, and a radon remediation system. Ideally located with easy access to Mass Pike, and Route 9, public transportation, shops & restaurants. This property offers the perfect combination of comfort, updates, and convenience.

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: 506 sq ft (the lesser of 900 sq ft or half the 1,012 sq ft principal dwelling). Lot size: 15,682 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

Original Price$575,000
Annual Taxes$6,114

Parking

Garage1
Off-Street4

Interior Specifications

Total Rooms5
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementFull, Partially Finished, Radon Remediation System

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.36
SqFt Lot15,682
Lot FeaturesWooded

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

First
KitchenBathroom 1
Main,First
Living RoomPrimary BedroomBedroom 2Bedroom 3
Living Room
Lvl Main,First

18 x 15

Wood / Coal / Pellet Stove, Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Exterior Access

Kitchen
Lvl First

17 x 10

Ceiling Fan(s), Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Stainless Steel Appliances

Primary Bedroom
Lvl Main,First

13 x 10

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Main,First

12 x 10

Bedroom 3
Lvl Main,First

10 x 9

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl First

Flooring - Stone/Ceramic Tile

Listing Provided By

Listing Agent: Bill Jagher

Listing Office: Realty Executives Boston West

MLS® Number: 73577233