
70 Lockland Ave Framingham — Photo 1 of 26
$665,000
Investment Analysis — 70 Lockland Ave
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 3.46% cap rate and $22,998/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,653
Style
Single Family
Built
1953
Timeless Cape charm gets reimagined for contemporary living in this beautifully cared-for, move-in-ready home on a private quarter-acre in North Framingham. Gleaming hardwood floors set the tone throughout the main living areas. The living room fills with natural light and warmth from a welcoming, sleek gas fireplace. The updated kitchen features gorgeous granite countertops, stainless steel appliances and an open layout, that flows into the inviting dining area. Oversized, light-pouring through windows enhance the bright feel throughout the home, and the flexible floor plan provides plenty of room to settle in and make the space your own. The updated two full tile baths add another layer of comfort and style. A first-floor bedroom and a full bath also allow for easy single-level living. Upstairs, two additional bedrooms and the other full bath create a cozy retreat. The partially finished lower level with newer carpeting brings an entirely different dimension to the home with a full bar and generous seating area—perfect for game days, movie nights or casual gatherings. Outside, enjoy a private quarter-acre lot anchored by a new stone patio with room to relax, garden or entertain. There’s plenty of space in the 2-car attached garage with dual entrances for easy access to storage and play equipment. Well-maintained systems including central air, mini splits, 2021 roof and thoughtful updates make this a home where much of the work has already been done. Conveniently located with easy access to Framingham & Natick commuter rail stations, Route 9, shopping, dining, and everything amazing Framingham has to offer.
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: 827 sq ft (the lesser of 900 sq ft or half the 1,653 sq ft principal dwelling). Lot size: 10,454 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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Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Highway Access • Public School • University
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First20 x 12
Flooring - Hardwood, Exterior Access
Dining Room
Lvl First12 x 12
Flooring - Hardwood, Open Floorplan, Lighting - Overhead, Crown Molding
Kitchen
Lvl First12 x 11
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Open Floorplan, Stainless Steel Appliances
Family Room
Lvl Basement22 x 22
Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Master Bedroom
Lvl Second16 x 14
Closet, Flooring - Hardwood
Bedroom 2
Lvl Second16 x 11
Bedroom 3
Lvl First11 x 11
Closet, Flooring - Hardwood
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Listing Agent: Diane B. Sullivan
Listing Office: Coldwell Banker Realty - Framingham
MLS® Number: 73574895