170 Main St Groveland — Photo 1 of 30
$699,777
Investment Analysis — 170 Main St
Groveland, MA 01834
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01834 carries an estimated $2,510/mo in gross rent — about a 2.51% cap rate and $17,533/yr in estimated NOI at the $699,777 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
1,700
Style
Single Family
Built
1951
One of a Kind, Extremely Efficient Custom 3 BR Cape! Very Low Utility Bills on Groveland Electric!! Quality Structure & Finishes throughout! 2 1/2 Oversized Baths, Open Concept 1st Floor w/Eat-in Kitchen, Solid Oak Trim, Doors & Cabinets w/breakfast bar, Gas Fireplace Living Room, Deck facing backyard & Stackable Laundry off Din Rm, A 2nd set of Laundry in Basement, Gleaming Hardwood Floors! Front Foyer is Bright & Heated for an additional entertainment area, 1st Flr BR, Great Closet Space throughout! Large Main BR on 2nd Flr w/ Huge Deep Closet! Partially Finished Lower Level w/Office & other Amenities! Detached Heated Workshop! All Cement Driveway is professionally installed w/ wrap-around to backyard & at least room for 5-6 cars, This home is truly A MUST SEE!! Hurry!
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: 850 sq ft (the lesser of 900 sq ft or half the 1,700 sq ft principal dwelling). Lot size: 7,200 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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Water Heater • Range • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Highway Access • House of Worship • Private School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Cable Hookup, Exterior Access, High Speed Internet Hookup, Remodeled, Lighting - Overhead
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Hardwood
Primary Bedroom
Lvl SecondCeiling Fan(s), Flooring - Hardwood, Cable Hookup, Lighting - Overhead
Bedroom 2
Lvl SecondBedroom 3
Lvl FirstFlooring - Hardwood
Bathroom 1
Lvl FirstBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl SecondBathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Listing Agent: Carl F. Bletzer
Listing Office: Bletzer Realty
MLS® Number: 73577596