107 Island Rd Lunenburg — Photo 1 of 15
$409,900
Investment Analysis — 107 Island Rd
Lunenburg, MA 01462
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01462 carries an estimated $2,620/mo in gross rent — about a 4.90% cap rate and $20,078/yr in estimated NOI at the $409,900 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
912
Style
Single Family
Built
1950
Charming 1950s Bungalow offering water views and exclusive access to premier Hickory Hills Lake! This 912 sq. ft. turn-key retreat maximizes efficiency with 2 cozy bedrooms and an updated full bath. Set on an expansive 12,720 sq. ft. lot, the sprawling outdoor space is prime for summer entertaining or future expansion potential. Enjoy low-maintenance year-round living or your own private weekend getaway just moments from the beach! Book your exclusive showing today.
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: 456 sq ft (the lesser of 900 sq ft or half the 912 sq ft principal dwelling). Lot size: 12,720 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 MLS and other third-party data may be inaccurate or out of date.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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Water Heater • Range • Dishwasher • Refrigerator
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Listing Agent: Christopher Martins
Listing Office: Coldwell Banker Realty - Leominster
MLS® Number: 73562869
