
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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl Main,First18 x 15
Wood / Coal / Pellet Stove, Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Exterior Access
Kitchen
Lvl First17 x 10
Ceiling Fan(s), Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Exterior Access, Stainless Steel Appliances
Primary Bedroom
Lvl Main,First13 x 10
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,First12 x 10
Bedroom 3
Lvl Main,First10 x 9
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstFlooring - Stone/Ceramic Tile
Listing Agent: Bill Jagher
Listing Office: Realty Executives Boston West
MLS® Number: 73577233