100 Choate Essex — Photo 1 of 40
Recent Drop: $435,000
$1,550,000
Investment Analysis — 100 Choate
Essex, MA 01929
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01929 carries an estimated $3,390/mo in gross rent — about a 0.57% cap rate and $8,877/yr in estimated NOI at the $1,550,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
3,908
Style
Single Family
Built
2005
Spectacular property nestled along one of Essex’s most scenic & picturesque roads. This “Nantucket-style” Colonial offers an exceptional combination of craftsmanship, privacy and natural beauty in one of the town’s most desirable neighborhoods. Tucked away by a winding tree-lined driveway creates a warm & welcoming setting and perfect blend of rural charm and modern comfort. Entering you are greeted w/a dramatic curved architectural cherry staircase rising from the foyer. The home includes cherry hardwood floors throughout, kitchen w/granite countertops, landscaped backyard retreat, pristine in-ground pool, soaring vaulted ceiling, gas fireplace, outdoor deck and primary suite w/custom tile work bathroom, European style radiators, tiled walk-in shower & pedestal tub. The 2+acre prop. is surrounded by mature gardens/trees/landscaping, abuts conservation land & is near hiking/bike trails while located w/in the Award-Winning Man-Essex Reg. School Dt., considered the regions most coveted.
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 3,908 sq ft principal dwelling). Lot size: 99,316 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 • Microwave • Refrigerator • Freezer • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Shopping • Pool • Walk/Jog Trails • Stable(s) • Golf • Bike Path
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstDining Room
Lvl FirstKitchen
Lvl FirstOffice
Lvl FirstFamily Room
Lvl FirstMaster Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondProperty History
$1,550,000
Was $1,674,000
Sep 7, 2026
MLS® 73539185
$1,674,000
Was $1,775,000
Aug 11, 2026
MLS® 73539185
$1,775,000
Was $1,985,000
Jul 20, 2026
MLS® 73539185
$1,985,000
Jun 20, 2026
MLS® 73539185
Listing Agent: Tim Phelan
Listing Office: JTP Realty
MLS® Number: 73539185
