45 Arakelian Drive Billerica — Photo 1 of 42
$699,000
Investment Analysis — 45 Arakelian Drive
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 4.10% cap rate and $28,669/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,852
Style
Single Family
Built
1966
There's a lot to like about the potential of this property! This charming East Billerica neighborhood is convenient to Billerica Center, and accessible both from Allen Road and Andover Road. Property has a large,cleared and level fenced-in back yard. House is set back from the street and gently elevated; providing nice privacy factors. The Driveway is triple width in front of the garage for ease of parking and, if needed, recreational parking. The 2nd floor offers 4 corner bedrooms of proportional sizes. The 1st floor has great potential for redesigning to Open Concept, or simply keeping as laid-out. Attached 1-car garage is extra wide (16ft) and has direct access to the Family Room. Enjoy the quiet of this property with its screened porch overlooking the activities of the back yard. There is oak hardwood floors under the carpeting in Living Room, Dining Room, 2nd floor Hall, and 4 Bedrooms. ....... **** Showings start immediately on THURS Sept 24th 12NOON ****
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 1,852 sq ft principal dwelling). Lot size: 25,000 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
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 23
Ceiling Fan(s), Flooring - Hardwood, Flooring - Wall to Wall Carpet
Dining Room
Lvl First13 x 11
Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Kitchen
Lvl First13 x 12
Flooring - Vinyl
Family Room
Lvl First12 x 20
Skylight, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Slider
Primary Bedroom
Lvl Second15.75 x 13
Ceiling Fan(s), Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second12 x 10.5
Bedroom 3
Lvl Second11 x 10.5
Ceiling Fan(s), Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second12 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl First8 x 5.5
Bathroom - Half
Bathroom 2
Lvl Second9.5 x 6.5
Bathroom - Full
Listing Agent: Jay Wilson
Listing Office: Keller Williams Realty Boston Northwest
MLS® Number: 73580967