15 Bear Hill Road Billerica — Photo 1 of 37
$849,000
Investment Analysis — 15 Bear Hill Road
Billerica, MA 01821
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01821 carries an estimated $3,890/mo in gross rent — about a 3.16% cap rate and $26,869/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,283
Style
Single Family
Built
1972
Impeccably maintained and truly move-in ready, this spacious raised ranch offers exceptional flexibility with two levels of comfortable living space—perfect for a growing family or those seeking room for extended or multigenerational living. The well-designed layout provides generous space for everyday living, entertaining, guests, and working from home, while two fireplaces add warmth and character to the living areas. The lower level offers valuable additional living space and versatility for a variety of needs. Updated HVAC and many other updates add to the value of this home. Outside, enjoy a large, private yard offering plenty of room for outdoor entertaining, gardening, recreation, or simply relaxing on your deck and secluded setting. A rare combination of immaculate condition, abundant living space, proximity to public schools and outdoor privacy makes this home a must-see!
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 2,283 sq ft principal dwelling). Lot size: 30,379 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
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood
Dining Room
Lvl FirstFlooring - Hardwood, Balcony / Deck, Slider
Kitchen
Lvl FirstFlooring - Hardwood
Family Room
Lvl BasementBathroom - Full
Primary Bedroom
Lvl FirstFlooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl FirstFlooring - Hardwood
Bedroom 4
Lvl BasementFlooring - Wood
Bedroom 5
Lvl BasementFlooring - Wood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl BasementBathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Marjie And Phil
Listing Office: Advisors Living - Arlington
MLS® Number: 73579175