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165 Newbury St Framingham — Photo 1 of 40

165 Newbury St Framingham — Photo 1 of 40

$749,000

Investment Analysis — 165 Newbury St

Framingham, MA 01701

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01701 carries an estimated $3,640/mo in gross rent — about a 3.64% cap rate and $27,262/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2.5

SqFt

2,128

Style

Single Family

Built

1960

Completely Renovated & Move-In Ready in a Sought-After Framingham Neighborhood!Welcome to this beautifully renovated home, thoughtfully updated from top to bottom and situated on a peaceful one-way street in a highly sought-after Framingham neighborhood.This home offers 4 generous bedrooms, 2 full bathrooms, and a convenient half bathroom on the main living level.Step inside to discover freshly refinished hardwood floors throughout and a stylish kitchen featuring high-end stainless-steel appliances, quartz countertops, and a spacious island—perfect for morning coffee, breakfast, and entertaining.The fully finished attic provides a versatile space ideal for a private home office, study, or additional living area.The fully finished basement offers even more living space, featuring an additional bedroom, full bathroom, and spacious recreation area—perfect for entertainment, a home gym, or bar setup.Enjoy year-round comfort with a newly installed mini-split heating and air-conditioning system.Outdoor living is enhanced by a brand-new side deck and rear deck overlooking the kitchen and backyard, creating inviting spaces for relaxing and entertaining.This home truly has it all! Extensive renovations, modern finishes, flexible living spaces, and a desirable location come together to create a wonderful place to call home.Don't miss this opportunity—schedule your private showing today!

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 2,128 sq ft principal dwelling). Lot size: 8,712 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$749,000
Annual Taxes$5,935

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
Flooring--
BasementFinished

Climate & Utilities

HeatingDuctless
CoolingDuctless
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.2
SqFt Lot8,712
Lot Features--

Amenities & Appliances

Electric Water Heater

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Listing Provided By

Listing Agent: Felix Mensah

Listing Office: RE/MAX Partners

MLS® Number: 73575586