11 Phyllis Avenue Burlington — Photo 1 of 21
$924,900
Investment Analysis — 11 Phyllis Avenue
Burlington, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01803 carries an estimated $4,150/mo in gross rent — about a 3.38% cap rate and $31,223/yr in estimated NOI at the $924,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,956
Style
Single Family
Built
1957
Welcome to this beautifully maintained 3-bedroom, 2.5-bath home on a quiet dead-end road in a highly sought-after neighborhood. The home features oak hardwood floors throughout, custom oak window and door trim, abundant natural light, wood burning fireplace and a spacious great room with a cathedral ceiling. Enjoy the expansive wraparound farmer’s porch, perfect for relaxing or entertaining. The backyard is truly an entertainer’s dream, featuring a built-in swimming pool, back deck, mature landscaping, and private setting. A screened-in gazebo with TV and ambient lighting provides the perfect space for summer gatherings, watching the game, or relaxing by the pool. The finished basement offers flexible space for a home office, gym, playroom, media room, or hobbies. This home offers the perfect combination of comfort, character, and outdoor living. A wonderful home in a desirable neighborhood—come see it for yourself!
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 1,956 sq ft principal dwelling). Lot size: 19,998 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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Geography
Listing Agent: Jonathan Minerick
Listing Office: homecoin.com
MLS® Number: 73576344