347 Lexington St Woburn — Photo 1 of 19
Recent Drop: $1,000
$599,000
Investment Analysis — 347 Lexington St
Woburn, MA 01801
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01801 carries an estimated $3,150/mo in gross rent — about a 3.96% cap rate and $23,718/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,824
Style
Single Family
Built
1957
A welcoming and sun-filled home with 2 bedrooms & 2 bathrooms. Sited on nearly a 1/4 acre lot with a large fenced-in back-yard with a deck and patio that's perfect for outdoor gathering. Enter into the main floor living room with a bay window that has a south-easterly view letting in plenty of sunshine. The dining area leads to a like new kitchen with an egress to the side deck. Also on the main level are 2 bedrooms & 1 bathroom. One of the bedrooms has a slider right onto the large deck! The lower-level features a large family room, playroom/office, full bath and a laundry area. Some recent updates include kitchen with new appliances(2022), a new roof (2020), fence (2018), bathroom (2016) and finished basement (2016). Easy access to I-95 and Route 3.Offer is due at noon time on Tuesday (09/22/2026)
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 1,824 sq ft principal dwelling). Lot size: 10,019 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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Interior Specifications
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Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Geography
Property History
$599,000
Was $600,000
Sep 17, 2026
MLS® 73578683
$600,000
Sep 16, 2026
MLS® 73578683
$650,000
Sep 30, 2025
MLS® 73379959
$650,000
May 26, 2025
MLS® 73379959
Listing Agent: Jiahui Wang
Listing Office: Greenland Real Estate LLC
MLS® Number: 73578683
