116 Green St Woburn — Photo 1 of 42
$689,000
Investment Analysis — 116 Green St
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 4.25% cap rate and $29,283/yr in estimated NOI at the $689,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,679
Style
Single Family
Built
1900
This charming 3-bedroom, 1.5-bath Woburn home is one you truly have to see in person. Filled with character and warmth, the home offers two separate living areas, beautifully refinished hardwood floors, fresh paint, new LVP flooring and recessed lighting. The spacious back room overlooks a large private backyard and offers the perfect additional space for relaxing or entertaining. Enjoy a 2-car garage plus parking for up to 5 cars. Recent improvements include a new rubber roof over the back room (2025), added electric heat in the bedrooms, electrical updates including a new subpanel and additional plumbing updates. The home features a 2014 heating system with indirect hot water.Tucked back on the lot, the home enjoys a spacious setting while keeping you close to Woburn’s shops, restaurants, major routes and everyday amenities. Full of charm, flexible living space and thoughtful updates, this is a home that truly shows even better in person.
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: 840 sq ft (the lesser of 900 sq ft or half the 1,679 sq ft principal dwelling). Lot size: 20,909 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
Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20.916666666 x 11
Flooring - Hardwood, Recessed Lighting
Dining Room
Lvl First8.75 x 10.333333333
Flooring - Vinyl, Recessed Lighting
Kitchen
Lvl First14 x 14.916666666
Flooring - Hardwood, Recessed Lighting
Family Room
Lvl First15.5 x 25.583333333
Flooring - Laminate, Recessed Lighting
Primary Bedroom
Lvl Second11.916666666 x 8.416666666
Flooring - Hardwood
Bedroom 2
Lvl Second10.75 x 8.25
Bedroom 3
Lvl Second9.75 x 8.166666666
Flooring - Hardwood
Bathroom 1
Lvl First6.833333333 x 4.833333333
Flooring - Hardwood
Bathroom 2
Lvl Second6.583333333 x 6.166666666
Flooring - Hardwood
Listing Agent: The Joanna Schlansky Residential Team
Listing Office: Elite Realty Experts, LLC
MLS® Number: 73580817