20 Ledgewood Dr Burlington — Photo 1 of 34
Recent Drop: $30,000
$699,900
Investment Analysis — 20 Ledgewood Dr
Burlington, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01803 carries an estimated $3,460/mo in gross rent — about a 3.77% cap rate and $26,416/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,170
Style
Single Family
Built
1957
Rare opportunity to own this tastefully updated and expandable Ranch tucked away on a quiet Burlington side street, conveniently located near the town center and all of Burlington’s amenities. This move-in-ready home offers easy single-level living with broad appeal for first-time buyers, empty nesters, or downsizers. Originally designed as a 3-bedroom, the third bedroom can easily be restored by adding a wall and door—the closet remains intact. The bright, sunny open-concept layout features a rear addition, mudroom, and dedicated laundry/utility rooms. Recent updates include an updated kitchen and bath, all-new flooring, fresh interior paint, and a newer roof. A detached two-car garage adds tremendous versatility with a finishable, room above offering potential for an ADU, home office, studio, or additional living space. Enjoy a wonderfully private, fenced-in lot in a peaceful neighborhood close to everything Burlington has to offer!
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: 585 sq ft (the lesser of 900 sq ft or half the 1,170 sq ft principal dwelling). Lot size: 10,001 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Dishwasher • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Highway Access • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First26.3 x 11.8
Closet, Flooring - Laminate, Window(s) - Bay/Bow/Box, Open Floorplan, Remodeled
Dining Room
Lvl First15.1 x 10
Flooring - Hardwood
Kitchen
Lvl First15.1 x 11.5
Flooring - Hardwood, Dining Area, Open Floorplan, Remodeled
Master Bedroom
Lvl First12.1 x 11.8
Closet, Flooring - Laminate
Bedroom 2
Lvl First11.8 x 11.5
Bathroom 1
Lvl First5.4 x 8.2
Bathroom - Full, Flooring - Stone/Ceramic Tile
Property History
$699,900
Was $729,900
Aug 30, 2026
MLS® 73565304
$729,900
Aug 18, 2026
MLS® 73565304
Listing Agent: Paul A. Conti
Listing Office: Paul Conti Real Estate
MLS® Number: 73565304
