22 Allen Road Billerica — Photo 1 of 29
$715,000
Investment Analysis — 22 Allen Road
Billerica, MA 01821
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01821 carries an estimated $3,530/mo in gross rent — about a 3.48% cap rate and $24,901/yr in estimated NOI at the $715,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,052
Style
Single Family
Built
1965
Set on over half an acre, this beautifully presented split-entry home offers a spacious layout with approximately 2,052 sq. ft. of finished living space. Hardwood floors enhance the main level, where the living room is highlighted by a dramatic accent wall and flows into an open dining area. The kitchen features rich wood cabinetry, granite countertops, tile flooring, and generous workspace, with an adjoining dining area overlooking the property. Three bedrooms and a full bath complete the main level. The finished lower level significantly expands the living space with a large family room, additional finished areas, and a second full bath—creating excellent options for a home office, guest space, or extended living. Outdoors, an expansive deck provides a beautiful setting overlooking the generous backyard, while the wide driveway offers plenty of parking. With substantial indoor and outdoor space, hardwood flooring, a finished lower level, and an impressive lot, this home presents an exceptional opportunity.
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 2,052 sq ft principal dwelling). Lot size: 24,829 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile
Master Bedroom
Lvl FirstCloset, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstCloset
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl BasementBathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Marisol Franco
Listing Office: Coldwell Banker Realty - Western MA
MLS® Number: 73571162
