2-4 Old Central Tpke Framingham — Photo 1 of 8
$699,000
Investment Analysis — 2-4 Old Central Tpke
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 2.97% cap rate and $20,743/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,409
Style
Single Family
Built
1958
***PACKAGE DEAL*** Welcome to 2–4 Old Central Turnpike in Framingham! This inviting 3-bedroom, 2-full-bath home and adjacent parcel of land offers comfortable living space, a convenient location, and plenty of opportunity to make it your own.The home offers a practical layout with three bedrooms and two full bathrooms, providing flexibility for family, guests, a home office, or whatever suits your needs. There’s a nice balance of shared living space and private areas, making this a home that can easily adapt to different lifestyles. Located in a convenient Framingham setting with easy access to major routes, shopping, restaurants, schools, and everyday amenities. This property is worth a closer look. Come see 2–4 Old Central Turnpike and discover the possibilities for yourself!
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: 705 sq ft (the lesser of 900 sq ft or half the 1,409 sq ft principal dwelling). Lot size: 20,473 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 MLS and other third-party data may be inaccurate or out of date.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: James Pappas
Listing Office: Conway - West Roxbury
MLS® Number: 73582462
