129 Pearl Street Burlington — Photo 1 of 40
$1,850,000
Investment Analysis — 129 Pearl Street
Burlington, MA 01803
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 01803 carries an estimated $4,580/mo in gross rent — about a 1.71% cap rate and $31,652/yr in estimated NOI at the $1,850,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
4
SqFt
5,987
Style
Single Family
Built
1951
One-of-a-kind multi-generational home, thoughtfully expanded and enhanced, owned and loving maintained by the same family for many years. Located in a sought-after Burlington location. Offering 5 bedrooms, 4 bathrooms, and 5,987 sq. ft. of flexible living space, this exceptional property is ideal for extended families, multi-generational living, an in-law suite, or future ADU potential. The versatile floor plan provides privacy, comfort, and functionality for today's lifestyles. A dedicated workshop and oversized attached garage are perfect for hobbyists, car enthusiasts, contractors, or additional storage. Set on beautifully landscaped grounds with mature trees and plantngs, the property offers a peaceful, private setting. A detached carriage house, currently configured as a 3-car garage, provides even more possibilities. Rarely does a home combine this level of space, flexibility, craftsmanship, privacy, and garage capacity in one exceptional Burlington property
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 5,987 sq ft principal dwelling). Lot size: 80,586 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 • Dishwasher • Disposal • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstSkylight, Vaulted Ceiling(s), Flooring - Wall to Wall Carpet
Dining Room
Lvl FirstFlooring - Wall to Wall Carpet, Breakfast Bar / Nook
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Wet Bar, Breakfast Bar / Nook, Open Floorplan
Family Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Recessed Lighting, Slider
Primary Bedroom
Lvl FirstWalk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondFlooring - Wall to Wall Carpet
Bedroom 5
Lvl SecondBathroom 1
Lvl FirstBathroom 2
Lvl FirstBathroom 3
Lvl SecondListing Agent: Michael Rauseo
Listing Office: Better Homes and Gardens Real Estate - The Shanahan Group
MLS® Number: 73549444