15 Homer Rd Arlington — Photo 1 of 28
$1,349,900
Investment Analysis — 15 Homer Rd
Arlington, MA 02476
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02476 carries an estimated $3,090/mo in gross rent — about a 0.89% cap rate and $11,982/yr in estimated NOI at the $1,349,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
3.5
SqFt
1,763
Style
Single Family
Built
1955
Welcome to 15 Homer! This beautifully renovated ranch-style home offers 3 bedrooms, 3 bathrooms, and a bright, open-concept layout designed for modern living. The spacious living, dining, and kitchen areas flow seamlessly together, creating the perfect setting for both everyday living and entertaining. At the heart of the home is a beautiful kitchen featuring crisp white cabinetry complemented by elegant gold hardware, gas cooking, and a large center island with plenty of space for gathering.Step outside to the huge rear deck, ideal for outdoor dining, entertaining, or relaxing while overlooking the expansive backyard. A 2-car garage provides ample parking and additional storage. Thoughtfully updated throughout, 15 Homer combines a fresh, modern interior with generous indoor and outdoor living space. Convenient to Dallin School, Routes 2/95, #84 bus to Alewife T Station, #78 bus to Harvard, Starbucks, Trader Joe’s and the Sutherland Woods Conservation area.
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: 882 sq ft (the lesser of 900 sq ft or half the 1,763 sq ft principal dwelling). Lot size: 7,545 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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Amenities & Appliances
Tankless Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator
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Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship
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Listing Agent: Ciampa Group
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73581731