Active Under Contract
15 Days on market
42 Felker St Tewksbury — Photo 1 of 25

42 Felker St Tewksbury — Photo 1 of 25

$475,000

Investment Analysis — 42 Felker St

Tewksbury, MA 01876

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01876 carries an estimated $3,900/mo in gross rent — about a 5.91% cap rate and $28,050/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,500

Style

Single Family

Built

1968

Fixer-upper opportunity on a private 1-acre lot in Tewksbury! This oversized ranch offers 3 bedrooms and 2 full bathrooms, including a private ensuite bath for the primary bedroom. The home features a classic hipped roof design, generous living space, and a fantastic private setting on approximately one acre. The house needs significant work and will not qualify for conventional financing, making this an opportunity best suited for a cash buyer or renovation-focused buyer. Bring your vision, tools, and creativity to transform this property into something special. With its spacious footprint, desirable lot, and great potential, 42 Felker Street could be an ideal spot for someone looking for a project and the opportunity to create a home that truly fits their needs. Property is being sold as-is.

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: 750 sq ft (the lesser of 900 sq ft or half the 1,500 sq ft principal dwelling). Lot size: 43,996 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

Original Price$475,000
Annual Taxes$7,518

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms6
Fireplaces1
FlooringWood, Laminate
BasementNone

Climate & Utilities

HeatingElectric
CoolingWindow Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningR40

Property & Lot

Acres1.01
SqFt Lot43,996
Lot FeaturesCorner Lot, Wooded, Sloped

Amenities & Appliances

Electric Water Heater

Neighborhood

Public Transportation

Geography

Listing Provided By

Listing Agent: James Williamson

Listing Office: J. Borstell Real Estate, Inc.

MLS® Number: 73569581