
7 Richards Way Lunenburg — Photo 1 of 28
$645,000
Investment Analysis — 7 Richards Way
Lunenburg, MA 01462 — Whites Woods
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 4.14% cap rate and $26,672/yr in estimated NOI at the $645,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,258
Style
Single Family
Built
2014
BACK ON MARKET! Buyer financing fell through, no fault of the sellers or the property. Don't miss this second chance to make this home yours. Welcome to 7 Richards Way, situated in one of Lunenburg's most desirable neighborhoods, this beautifully maintained Colonial offers the perfect blend of space, comfort, and modern amenities. The main level features a bright, open-concept layout with hardwood flooring, a spacious family room highlighted by a cozy gas fireplace, and an inviting kitchen complete with granite countertops, stainless steel appliances, center island, and dining area with access to the rear deck. Upstairs, you'll find four generously sized bedrooms, including a spacious primary suite with walk-in closet and private bath. The finished lower level provides a large bonus space ideal for a playroom, home office, gym, or additional living area. Outside, enjoy summer days in the above-ground pool and expansive backyard, perfect for entertaining and outdoor gatherings. Additional features include central air, natural gas heat, town water and sewer, and an oversized two-car garage. Conveniently located near schools, shopping, commuter routes, and local amenities, this move-in ready home has everything today's buyers are looking for.
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 2,258 sq ft principal dwelling). Lot size: 39,988 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.
Immersive Experience
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Pool • Park • Golf • Laundromat • House of Worship
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First11.2 x 12.8
Flooring - Hardwood
Dining Room
Lvl First12.4 x 13.9
Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Kitchen
Lvl FirstBathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Slider, Stainless Steel Appliances, Gas Stove, Closet - Double
Family Room
Lvl First11.2 x 15.8
Ceiling Fan(s), Flooring - Hardwood
Primary Bedroom
Lvl Second13.6 x 16.1
Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Attic Access
Bedroom 2
Lvl Second8.7 x 11.6
Bedroom 3
Lvl Second12.4 x 9.8
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Second12.4 x 13.9
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,First6.3 x 5.1
Bathroom - Half, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Dryer Hookup - Gas, Washer Hookup
Bathroom 2
Lvl Second9.6 x 8.3
Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 3
Lvl Second7.8 x 12.4
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Double Vanity
Listing Agent: Larissa Girouard
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73560812