3 Lantern Lane Woburn — Photo 1 of 27
$799,900
Investment Analysis — 3 Lantern Lane
Woburn, MA 01801
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01801 carries an estimated $3,780/mo in gross rent — about a 3.53% cap rate and $28,222/yr in estimated NOI at the $799,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,876
Style
Single Family
Built
1950
Located in Woburn’s desirable Central Square neighborhood on a cul de sac, this charming and spacious 3 bedroom 2 bath Cape offers a truly flexible floor plan, thoughtful updates, and central air! Hardwood floors and abundant natural light welcome you into the main level, featuring a cabinet packed maple kitchen with stainless steel appliances open to a bright dining area with a vaulted ceiling and direct access to the back deck. Living room with hardwood floors and recessed lighting, dining / flex room with hardwood flooring and chair rail, plus a bonus first floor room with hardwood floors and a closet that would be perfect as an office, playroom, or other flex space. The main level also offers a full bathroom and bedroom with hardwood floors. Upstairs, you’ll find a 2nd full bathroom and two additional oversized front to back bedrooms with hardwood floors, each adorned with cozy window seats. The finished lower level provides valuable bonus space for a TV room, home gym, or office. Outside, enjoy a fully fenced yard, large deck, storage shed, and play area. Major improvements include the roof, gutters, and rebuilt chimney in 2023, insulation in 2024, and a new hot water heater in 2026. See MLS attachment for additional updates. Don’t miss out on this well maintained home with convenient access to major highways, great restaurants, shopping, and all of the amenities Woburn 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: 900 sq ft (the lesser of 900 sq ft or half the 1,876 sq ft principal dwelling). Lot size: 8,725 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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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15 x 11
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First10 x 10
Vaulted Ceiling(s), Flooring - Stone/Ceramic Tile, Exterior Access, Slider
Kitchen
Lvl First11 x 10
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances, Gas Stove
Office
Lvl First11 x 10
Closet, Flooring - Hardwood, Recessed Lighting
Family Room
Lvl Basement21 x 15
Flooring - Stone/Ceramic Tile
Primary Bedroom
Lvl Second18 x 9
Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Hardwood, Window Seat
Bedroom 2
Lvl Second18 x 9
Bedroom 3
Lvl First12 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl First8 x 5
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Wainscoting, Pedestal Sink
Bathroom 2
Lvl Second8 x 5
Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Crown Molding
Listing Agent: Susan P. Kadilak
Listing Office: Fiv Realty Co.
MLS® Number: 73582427
