
3 Pheasant Lane Woburn — Photo 1 of 39
$859,000
Investment Analysis — 3 Pheasant Lane
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 3.25% cap rate and $27,877/yr in estimated NOI at the $859,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,810
Style
Single Family
Built
1957
Enjoy this sophisticated show place restoration of a mid-century ranch thoughtfully renovated with many upgrades and improvements featuring tasteful modern decor throughout; a large island and granite kitchen with new stainless appliances, entertainment size living room & dining room, newly remodeled warm & cozy family room/den with additional dining and living area, finished hardwood flooring, new Pella windows, a nicely finished lower level living area with bar, laundry, half bath and mud area with garage access; and spacious bedrooms (architect plan in hand for addition of primary bath), all on a beautifully landscaped lot in desirable West Woburn on the Lexington line. A must see! Open houses Sat. 9/26 & Sun. 9/27 12-2pm.
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 1,810 sq ft principal dwelling). Lot size: 10,000 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 MLS and other third-party data may be inaccurate or out of date.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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Tennis Court(s) • Bike Path • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 13
Flooring - Hardwood
Dining Room
Lvl First11 x 11
Flooring - Hardwood
Kitchen
Lvl First12 x 11
Countertops - Stone/Granite/Solid
Family Room
Lvl Basement23 x 10
Flooring - Vinyl
Primary Bedroom
Lvl First14 x 12
Flooring - Hardwood
Bedroom 2
Lvl First11 x 11
Bedroom 3
Lvl First12 x 9
Flooring - Hardwood
Bathroom 1
Lvl First11 x 5
Bathroom 2
Lvl Basement6 x 4
Listing Agent: Stockman Farrar Group
Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS® Number: 73582349