
189 Allen Road Billerica — Photo 1 of 41
$685,000
Investment Analysis — 189 Allen Road
Billerica, MA 01821
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01821 carries an estimated $3,530/mo in gross rent — about a 3.60% cap rate and $24,677/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,127
Style
Single Family
Built
1940
Welcome home to this charming brick Cape boasting exceptional character, rich woodwork, and seamless indoor-outdoor living. Flanked by beautiful bay windows, the front entry opens into a spacious main level anchored by gleaming hardwood floors. Relax in the inviting living room, featuring exposed beam ceilings, skylights, built-in shelving, paneled accent walls, and a stone-surround wood stove that adds warmth and timeless appeal. Host memorable meals in the dedicated dining room, detailed with classic wainscoting. The heart of the home is the eat-in kitchen, outfitted with granite countertops, lots of cabinet storage, a sunny breakfast area, and the convenience of a second rear staircase leading directly upstairs. Just off the kitchen discover a cozy screened-in porch—the perfect spot for morning coffee. Outdoors, enjoy a large, level, fully fenced yard complete with a low-maintenance composite side deck, a dedicated storage shed, and a covered carport off the paved driveway. The main level also offers a flexible primary or guest bedroom with multiple closets and easy access to a full main-level bath with a tub and shower. Upstairs, two additional light-filled bedrooms share a second full bath. The full walk-out basement expands your living space with a comfortable lower-level family room featuring custom built-ins, laundry facilities, and plenty of extra storage. Situated on a prime corner lot, this unique property offers easy access to Boston Road and sits just a half-mile from the trails of the Hillside Conservation Parcel.
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 2,127 sq ft principal dwelling). Lot size: 26,402 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First24 x 13
Wood / Coal / Pellet Stove, Skylight, Ceiling Fan(s), Beamed Ceilings, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Exterior Access
Dining Room
Lvl First17 x 11
Flooring - Hardwood, Window(s) - Bay/Bow/Box
Kitchen
Lvl First10 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook
Family Room
Lvl Basement18 x 12
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl Second17 x 18
Cathedral Ceiling(s), Closet, Flooring - Laminate, Cable Hookup
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl First16 x 12
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl First9 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second9 x 7
Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Listing Agent: Kip Lebaron
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73578190

