145 Cranberry Drive Halifax — Photo 1 of 32
$699,000
Investment Analysis — 145 Cranberry Drive
Halifax, MA 02338
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02338 carries an estimated $3,080/mo in gross rent — about a 2.86% cap rate and $19,979/yr in estimated NOI at the $699,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,062
Style
Single Family
Built
1997
Welcome to 145 Cranberry Drive, the perfect home in the perfect neighborhood! Set on a generously sized lot with beautiful front and back yards, this inviting 3-bedroom, 2-bathroom home offers 2,162 square feet of comfortable living space with plenty of room to grow. The main living areas are bright and welcoming, featuring a cozy wood-burning fireplace that creates the perfect gathering spot in every season. The finished attic adds exceptional flexibility, with open space that can be used as a family room, playroom, studio, or additional living area, along with a dedicated office ideal for working from home. Recent updates include new appliances, a new hot water heater, and an updated septic system, providing added peace of mind for the next owners. Outside enjoy the expansive lot, with beautifully maintained front and back yards offering plenty of room to relax, garden, entertain, or simply enjoy the outdoors. An outdoor fire pit creates another inviting space for gathering with family and friends on cool summer evenings or crisp fall nights. Located in a wonderful Halifax neighborhood close to shopping, dining, recreation, schools, and public transportation, this home offers the ideal combination of space, comfort, convenience, and location. With its spacious layout, flexible finished attic, wood-burning fireplace, outdoor fire pit, updated systems, and beautiful setting, 145 Cranberry Drive truly has it all. The perfect house in the perfect neighborhood, ready to welcome you home.
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 2,062 sq ft principal dwelling). Lot size: 40,002 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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Listing Agent: Brian Burns
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73576473