11 Hovey St Woburn — Photo 1 of 23
$769,000
Investment Analysis — 11 Hovey St
Woburn, MA 01801
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 6-bedroom in 01801 carries an estimated $4,170/mo in gross rent — about a 4.45% cap rate and $34,225/yr in estimated NOI at the $769,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2.5
SqFt
1,804
Style
Single Family
Built
1890
Welcome to 11 Hovey St! This newly constructed 1,804 sq. ft. home on an existing foundation offers modern finishes and a great Woburn location close to shopping, dining, major routes and area amenities. The first floor features hardwood flooring throughout, quartz countertops and beautifully tiled showers. A first-floor primary bedroom adds convenience with three additional bedrooms upstairs.The newly finished walkout, above-grade lower level offers two additional bedrooms and a full bathroom for even more living space. The lower level has also been prepped for potential conversion to an accessory dwelling unit (ADU), subject to required permits and approvals. An approved ADU could offer potential rental income or space for multi-generational living.**Photos are digitally staged**
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 1,804 sq ft principal dwelling). Lot size: 3,920 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 MLS and other third-party data may be inaccurate or out of date.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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Kitchen
Lvl FirstFlooring - Hardwood, Cabinets - Upgraded, Recessed Lighting
Family Room
Lvl FirstFlooring - Hardwood, Recessed Lighting
Master Bedroom
Lvl FirstFlooring - Hardwood, Recessed Lighting, Closet - Double
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Recessed Lighting
Bedroom 5
Lvl BasementCloset, Flooring - Laminate, Recessed Lighting
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - Half
Bathroom 3
Lvl BasementBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Jenna Gaudette
Listing Office: Coldwell Banker Realty - Westford
MLS® Number: 73569261
