29 Laurel St. Arlington — Photo 1 of 11
$749,000
Investment Analysis — 29 Laurel St.
Arlington, MA 02476 — Arlington Heights
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02476 carries an estimated $2,580/mo in gross rent — about a 2.11% cap rate and $15,792/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,176
Style
Single Family
Built
1941
DEVELOPERS, INVESTORS, END USERS... R3 zone. Opportunity meets location at 29 Laurel Street, a classic Arlington Heights Cape ready for its next chapter. Set on a quiet residential street, this 2-bedroom, 1.5-bath home offers a flexible six-room layout, one-car garage, and manageable yard in one of Arlington’s most sought-after neighborhoods. Renovate, expand, or reimagine the space to match your vision. Moments to Arlington Heights, Mass Ave, Route 2, parks, shops, dining, and commuter access, the value here is not just in the house—it is in the address. Bring your contractor, your architect, and your imagination. Homes can be transformed. A location like this cannot be recreated.
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: 588 sq ft (the lesser of 900 sq ft or half the 1,176 sq ft principal dwelling). Lot size: 5,662 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 MLS and other third-party data may be inaccurate or out of date.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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Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
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Listing Agent: Property Cousins
Listing Office: Serhant
MLS® Number: 73565551
