
23 Joseph Rd Framingham — Photo 1 of 42
$699,900
Investment Analysis — 23 Joseph Rd
Framingham, MA 01701
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01701 carries an estimated $3,300/mo in gross rent — about a 3.37% cap rate and $23,574/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,000
Style
Single Family
Built
1958
Welcome to 23 Joseph Road! This gorgeous ranch-style home offers easy, comfortable one-floor living with an open-concept layout and thoughtful updates throughout. Featuring 3 spacious bedrooms and 2 full baths, the home is designed for both everyday living and entertaining. The stunning chef’s kitchen, updated in 2021, features a generous 8-foot island, beverage center, ample cabinetry, and modern finishes. A convenient laundry room adds to the home’s functionality. Enjoy year-round comfort with mini-splits throughout, along with energy-efficient solar panels that help keep utility costs in check. Ideally located in desirable North Framingham with easy access to shopping, dining, major routes, and area amenities. A wonderful opportunity in a fantastic location!
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 2,000 sq ft principal dwelling). Lot size: 20,586 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 MLS and other third-party data may be inaccurate or out of date.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.
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$699,900
Sep 9, 2026
MLS® 73574020
$3,800
Jul 19, 2025
MLS® 73403605
$3,800
Jul 12, 2025
MLS® 73403605
Listing Agent: Christina Young
Listing Office: eXp Realty LLC - Corporate Office
MLS® Number: 73574020