357 Page St Lunenburg — Photo 1 of 12
$550,000
Investment Analysis — 357 Page St
Lunenburg, MA 01462
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01462 carries an estimated $3,950/mo in gross rent — about a 5.13% cap rate and $28,204/yr in estimated NOI at the $550,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
1,888
Style
Single Family
Built
1978
Tucked away on a wooded lot set back from the road, this Cape-style home offers privacy, flexibility, and income potential. The main house features 3 bedrooms and 2.5 bathrooms, along with a separate 1-bedroom, 1-bath in-law apartment currently generating rental income. The large backyard is ideal for outdoor enjoyment, with two separate decks—one for the main house and one for the in-law apartment. The driveway can easily accommodate multiple cars. Inside, the home offers 1,888 square feet of living space, with some updates already completed, leaving opportunities for further improvements and customization. A partially finished basement provides additional usable space beyond the stated square footage. The exterior will benefit from some trim and siding replacement, as well as other repairs. Whether you're seeking a multi-generational living arrangement, rental income, or simply a home with room to grow, this property offers exceptional potential in a tranquil setting.
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 1,888 sq ft principal dwelling). Lot size: 75,794 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
Water Heater • Range • Dishwasher • Refrigerator • Range Hood
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First16.8 x 11.7
Dining Room
Lvl First12 x 11.5
Kitchen
Lvl First9.8 x 11.7
Primary Bedroom
Lvl Second16 x 11.6
Bedroom 2
Lvl Second11 x 11
Bedroom 3
Lvl Second15.6 x 8.4
Bathroom 1
Lvl First8 x 5
Bathroom - Half
Bathroom 2
Lvl Second7 x 5
Bathroom - Full
Bathroom 3
Lvl Basement8.9 x 7
Bathroom - Full
Listing Agent: Lisa Berry
Listing Office: Simply Sell Realty
MLS® Number: 73577594