Active
137 Days on market
164 Lockland Ave Framingham — Photo 1 of 36

164 Lockland Ave Framingham — Photo 1 of 36

Recent Drop: $69,900

$849,900
$780,000

$780,000

Investment Analysis — 164 Lockland Ave

Framingham, MA 01701

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01701 carries an estimated $3,640/mo in gross rent — about a 3.33% cap rate and $25,960/yr in estimated NOI at the $780,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,364

Style

Single Family

Built

1964

New Price! Nicely maintained 3/4 bedroom,2-bath home located in one of Framingham's popular neighborhoods. Inside a sun-filled floor plan offers effortless flow for both everyday living and entertaining. The remodeled (2010) kitchen has stainless steel appliances, tile floor, skylight and lead directly to an oversized deck which is perfect for seamless indoor-outdoor living. The inviting first floor family room is a perfect private and relaxing area. The Living room/Dining room have a skylight, a fireplace & a beautiful bow window. Gorgeous hardwood floors are found on the main level. The primary & two additional bedrooms share a well-designed updated bathroom. The lower-level features flexible living space throughout: A Bonus rm/Guest bedroom, Exercise rm, remodeled full Bathroom, Laundry rm & a Home Office w/ direct outside access which can make a Multigenerational Suite.1 car gar. Many updates: Roof, Gas heat, AC(main flr), Replaced windows & more! Close to all that Rt9 offers!

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 2,364 sq ft principal dwelling). Lot size: 16,553 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$849,900
Annual Taxes$7,237

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms10
Fireplaces2
FlooringTile, Marble, Hardwood, Flooring - Marble
BasementFull, Finished, Walk-Out Access

Climate & Utilities

HeatingBaseboard, Electric Baseboard, Natural Gas
CoolingCentral Air, Other
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningR1

Property & Lot

Acres0.38
SqFt Lot16,553
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Basement
OfficeBedroom 4Bathroom 2
Main,First
Living RoomDining RoomKitchenFamily RoomPrimary BedroomBedroom 2Bedroom 3Bathroom 1
Living Room
Lvl Main,First

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Dining Room
Lvl Main,First

Skylight, Flooring - Hardwood, Chair Rail, Exterior Access, Open Floorplan, Lighting - Overhead

Kitchen
Lvl Main,First

Skylight, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances

Office
Lvl Basement

Flooring - Marble, Exterior Access, Lighting - Overhead

Family Room
Lvl Main,First

Skylight, Flooring - Hardwood, Window(s) - Picture, French Doors

Primary Bedroom
Lvl Main,First

Walk-In Closet(s), Flooring - Hardwood, Closet - Double

Bedroom 2
Lvl Main,First
Bedroom 3
Lvl Main,First

Closet, Flooring - Hardwood

Bedroom 4
Lvl Basement

Fireplace, Closet, Flooring - Marble, Window(s) - Picture, Recessed Lighting

Bathroom 1
Lvl Main,First

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Remodeled

Bathroom 2
Lvl Basement

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Remodeled

Property History

Price Drop
$780,000

Was $800,000

Sep 9, 2026

MLS® 73510611

Price Drop
$800,000

Was $829,900

Jul 5, 2026

MLS® 73510611

Price Drop
$829,900

Was $849,900

Jun 14, 2026

MLS® 73510611

Listed
$849,900

Apr 30, 2026

MLS® 73510611

Listing Provided By

Listing Agent: Chris Petersen

Listing Office: Coldwell Banker Realty - Framingham

MLS® Number: 73510611