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4 Days on market
116 Island Rd Lunenburg — Photo 1 of 42

116 Island Rd Lunenburg — Photo 1 of 42

$789,900

Investment Analysis — 116 Island Rd

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 3.28% cap rate and $25,931/yr in estimated NOI at the $789,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3.5

SqFt

3,309

Style

Single Family

Built

1996

Welcome to this spacious 4–5 bedroom Colonial offering southern exposure, flexible living space, energy-efficient features, and access to beautiful Hickory Hills Lake! Set on almost 2 acres, this oversized home features a private one-bedroom apartment/in-law suite, ideal for multigenerational living. The apartment offers wider doorways, a walk-in shower, its own comfortable living space, and lovely views of the mature landscaping. The main home welcomes you with a charming farmer’s porch and screened porch. Inside, the front-to-back family room features hardwood floors and a cozy wood stove and flows into the country kitchen with quartz countertops and eat in dining area. A generously sized dining room provides plenty of space for entertaining and large gatherings. Upstairs are four bedrooms and two additional baths with a primary en-suite, while the basement offers garage access, abundant storage, and finished bonus space. Outside, enjoy your own backyard retreat with an above ground pool with composite decking overlooking your backyard. Owner-owned solar and electric vehicle charging stations add to the home’s energy efficiency and convenience. Situated high on the property, the home offers seasonal views of Hickory Hills Lake—and best of all, lake access for swimming, boating, and enjoying this wonderful lake community. A unique opportunity offering space, versatility, recreation, and a sought-after lake lifestyle!

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 3,309 sq ft principal dwelling). Lot size: 80,000 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.

Open Houses

Property Details

Financials

Original Price$789,900
Annual Taxes$10,093

Parking

Garage3
Off-Street9

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Partially Finished, Interior Entry, Garage Access

Climate & Utilities

HeatingForced Air, Heat Pump, Oil, Propane
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningO

Property & Lot

Acres1.84
SqFt Lot80,000
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Dishwasher • Microwave • Refrigerator • Second Dishwasher

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Stable(s)

Geography

Floorplan Breakdown

Structural Layout

Second
OfficeMaster BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Bathroom 1
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

Closet/Cabinets - Custom Built, Flooring - Hardwood, Recessed Lighting

Dining Room
Lvl Main,First

Flooring - Hardwood, Lighting - Overhead, Crown Molding

Kitchen
Lvl Main,First

Closet, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Overhead

Office
Lvl Second

Closet, Flooring - Hardwood, Lighting - Overhead

Master Bedroom
Lvl Second

Bathroom - Full, Skylight, Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Closet, Flooring - Hardwood, Lighting - Overhead, Beadboard

Bedroom 4
Lvl Second

Closet, Flooring - Hardwood, Lighting - Overhead

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub

Property History

Listed
$789,900

Sep 8, 2026

MLS® 73572764

Terminated
$799,000

Aug 20, 2026

MLS® 73529533

Listed
$799,000

Jun 3, 2026

MLS® 73529533

Listing Provided By

Listing Agent: Lynn Walsh

Listing Office: Coldwell Banker Realty - Leominster

MLS® Number: 73572764