114 Longwater Dr Hanover — Photo 1 of 34
Recent Drop: $90,000
$1,059,000
Investment Analysis — 114 Longwater Dr
Hanover, MA 02339
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02339 carries an estimated $3,390/mo in gross rent — about a 1.96% cap rate and $20,746/yr in estimated NOI at the $1,059,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,814
Style
Single Family
Built
1984
Welcome to this beautifully expanded Cape in one of Hanover's most sought-after neighborhoods. Offering exceptional space and flexibility, this home is ideal for growing families, multigenerational living, or those seeking a first-floor bedroom & full bath. HUGE first floor is bigger than it appears! The kitchen offers a granite island and opens to the dining area, which leads to an enormous composite deck overlooking the large, fenced backyard. Hardwood floors run through the 1st floor, LR has wood-burning fireplace, dining room w/ gas fireplace, office & full bath. Head upstairs as the 2nd flr features a spacious primary bedroom & two more generously sized bedrooms w/ excellent closet space. Enjoy outdoor entertaining, play space, and a storage shed. Additional highlights include central air, two fireplaces, a finished basement perfect for a playroom, gym, or media room, plus a separate office space for working from home. tons of room for expansion for long-term living
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 2,814 sq ft principal dwelling). Lot size: 30,056 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 • Range • Dishwasher • Microwave
Neighborhood
Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First24 x 13
Flooring - Hardwood, Open Floorplan, Recessed Lighting
Dining Room
Lvl Main,First15 x 14
Flooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Lighting - Overhead
Kitchen
Lvl First16 x 14
Flooring - Stone/Ceramic Tile, Dining Area, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Office
Lvl Basement13 x 9
Family Room
Lvl Main,First19 x 11
Ceiling Fan(s), Flooring - Hardwood, Open Floorplan
Master Bedroom
Lvl Second20 x 20
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Second21 x 13
Bedroom 3
Lvl Second15 x 11
Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Main,First11 x 12
Flooring - Hardwood
Bathroom 1
Lvl First8 x 8
Bathroom - Full, Bathroom - With Shower Stall
Bathroom 2
Lvl Second9 x 7
Bathroom - Full, Bathroom - With Tub & Shower
Property History
$1,059,000
Was $1,099,000
Aug 27, 2026
MLS® 73536881
$1,099,000
Was $1,149,000
Jul 23, 2026
MLS® 73536881
$1,149,000
Jun 16, 2026
MLS® 73536881
Listing Agent: Kristen M. Dailey
Listing Office: The Firm
MLS® Number: 73536881
