7 Philip Road Framingham — Photo 1 of 41
Recent Drop: $90,000
$675,000
Investment Analysis — 7 Philip Road
Framingham, MA 01701
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01701 carries an estimated $3,300/mo in gross rent — about a 3.40% cap rate and $22,951/yr in estimated NOI at the $675,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,455
Style
Single Family
Built
1957
Highly sought-after North Framingham neighborhood! Conveniently located just minutes from restaurants, shops, highways, walking trails, and public transportation. This beautifully updated ranch offers convenient one-level living with a bright, open-concept floor plan. The newer kitchen features high-end shaker-style cabinetry, quartz countertops, and a large center island, while the spacious family room boasts a cathedral ceiling and walks out to a spacious private patio and fenced-in backyard, perfect for relaxing and entertaining. This move-in-ready home also features two newer full bathrooms, a newer roof, newer high-efficiency forced hot air heating and central A/C system, a 1-car garage, recessed lighting and luxury vinyl flooring throughout, updated plumbing and electrical with 200-amp service, and a newer water heater. Nothing to do but move right in! This is not a drive-by—come inside and see everything this beautiful home 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: 728 sq ft (the lesser of 900 sq ft or half the 1,455 sq ft principal dwelling). Lot size: 10,019 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 History
$675,000
Was $765,000
Sep 10, 2026
MLS® 73575325
$675,000
Sep 10, 2026
MLS® 73575325
Listing Agent: Wai Yi Sammi Ng
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73575325
