What is the estimated cap rate for 18 Pilgrim Rd, Ashland, MA 01721?

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, 18 Pilgrim Rd, Ashland, MA 01721 has an estimated 2.19% cap rate at its $1,199,000 list price, assuming ~$4,330/mo gross rent, 5% vacancy, 20% operating expenses, property taxes. These are estimates, not investment advice.

What is the estimated rent for 18 Pilgrim Rd, Ashland, MA 01721?

HUD Fair Market Rent estimates about $4,330/month total for a 4-bedroom in 01721. Actual market rent varies.

Active

3 Days on market

18 Pilgrim Rd Ashland — Photo 1 of 30

$1,199,000

Investment Analysis — 18 Pilgrim Rd

Ashland, MA 01721

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01721 carries an estimated $4,330/mo in gross rent — about a 2.19% cap rate and $26,282/yr in estimated NOI at the $1,199,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

3.5

SqFt

3,344

Style

Single Family

Built

2003

Located on a quiet Cul de Sac and abutting the Framingham Country Club with access to all major roads and shopping centers,this lovely 4 Bedroom 3.5 Bath Colonial with a new fence enclosing the total backyard and a front entryway with high quality marble stairs and extra exterior lighting has numerous updates.Recent renovations have been done to the 2 upstairs baths,and new attic flooring and and additional insulation.High quality roofing done in 2024,newer central air system heat pump and boiler,whole house generator,and new laminate flooring in the basement.Exterior has been freshly painted in 2021.The home with an open floor plan also has marble /tile,hardwood flooring,and granite countertops.The very spacious family room has a fireplace, recessed lighting,cathedral ceilings,and an adjacent spacious deck,and the living room has french doors and crown molding.A first floor office and formal dining room with crown molding add to the amenities.There are lots of options with the finished basement for a great workout or children’s play area or even a bonus room.

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 3,344 sq ft principal dwelling). Lot size: 49,079 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

Financials

Original Price$1,199,000

Annual Taxes$13,208

Parking

Garage2

Off-Street6

Interior Specifications

Total Rooms10

Fireplaces1

FlooringTile, Laminate, Marble, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile

BasementFull, Finished, Walk-Out Access, Radon Remediation System

Climate & Utilities

HeatingForced Air, Heat Pump, Oil

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningRes

Property & Lot

Acres1.13

SqFt Lot49,079

Lot FeaturesCul-De-Sac, Wooded, Easements

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second

Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3

First

Living RoomDining RoomKitchenOfficeFamily RoomBathroom 1

Living Room

Lvl First

Flooring - Hardwood, French Doors, Recessed Lighting, Crown Molding

Dining Room

Lvl First

Flooring - Hardwood, Open Floorplan, Wainscoting

Kitchen

Lvl First

Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances

Office

Lvl First

Bathroom - With Shower Stall, Flooring - Hardwood, Flooring - Laminate, Recessed Lighting

Family Room

Lvl First

Cathedral Ceiling(s), Flooring - Hardwood, Deck - Exterior, Open Floorplan, Recessed Lighting

Primary Bedroom

Lvl Second

Bathroom - Full, Walk-In Closet(s), Flooring - Laminate

Bedroom 2

Lvl Second

Bedroom 3

Lvl Second

Closet, Flooring - Hardwood, Recessed Lighting

Bedroom 4

Lvl Second

Closet, Flooring - Hardwood, Recessed Lighting

Bathroom 1

Lvl First

Bathroom - Half, Flooring - Marble, Countertops - Stone/Granite/Solid

Bathroom 2

Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid

Bathroom 3

Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub

Listing Provided By

Listing Agent: Alan Turetsky

Listing Office: Realty Executives Boston West

MLS® Number: 73578895