
188 Baldwin Ave Framingham — Photo 1 of 39
$625,000
Investment Analysis — 188 Baldwin Ave
Framingham, MA 01701 — Nobscot
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 3.71% cap rate and $23,190/yr in estimated NOI at the $625,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,895
Style
Single Family
Built
1961
Enjoy easy one-level living in this spacious 3-bedroom, 2.5-bath slab ranch, set on an oversized .8-acre corner lot in a quiet Framingham neighborhood. The flexible floor plan offers plenty of room to spread out, including a bonus room currently used as a playroom and a family room that serves as both a home office and additional living space. The spacious kitchen provides plenty of room for everyday meals and entertaining, while the living room features a slider that opens directly to the fully fenced backyard. Outside, there’s plenty of space for gatherings, pets, and play, along with a storage shed and swing set. Two wall-mounted AC units provide added comfort during the warmer months. Conveniently located near Route 20, with easy access to supermarkets, shopping, dining, and everyday essentials, this home offers a great combination of space, flexibility, privacy, and convenience.
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 1,895 sq ft principal dwelling). Lot size: 34,848 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
Oven • Range • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Stable(s) • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First19.916666666 x 11.75
Ceiling Fan(s), Flooring - Vinyl, Exterior Access, Recessed Lighting, Slider, Lighting - Overhead
Dining Room
Lvl First15.083333333 x 13.25
Flooring - Stone/Ceramic Tile
Kitchen
Lvl First10.166666666 x 12.25
Flooring - Stone/Ceramic Tile, Lighting - Overhead
Family Room
Lvl First14.416666666 x 14.833333333
Ceiling Fan(s), Flooring - Hardwood, Exterior Access, Recessed Lighting, Lighting - Overhead
Primary Bedroom
Lvl First10.75 x 13.25
Ceiling Fan(s), Flooring - Vinyl, Lighting - Overhead
Bedroom 2
Lvl First13 x 10.833333333
Bedroom 3
Lvl First10.083333333 x 10.833333333
Ceiling Fan(s), Flooring - Vinyl, Lighting - Overhead
Bathroom 1
Lvl First9.583333333 x 4.75
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl First5.583333333 x 4.833333333
Bathroom - Half, Flooring - Stone/Ceramic Tile
Bathroom 3
Lvl First7.583333333 x 7
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Erica Pezente
Listing Office: LAER Realty Partners
MLS® Number: 73579611