12 Cranberry St Pepperell — Photo 1 of 28
$399,000
Investment Analysis — 12 Cranberry St
Pepperell, MA 01463
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01463 carries an estimated $2,560/mo in gross rent — about a 5.22% cap rate and $20,847/yr in estimated NOI at the $399,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1.5
SqFt
1,611
Style
Single Family
Built
1980
A rare opportunity to bring a one-of-a-kind vision across the finish line! This custom 2 bedroom, 1.5 bath Bungalow is filled with character already taking shape, from its distinctive exterior design and covered entry to the open framing, loft space, soaring rooflines & architectural details throughout. Inside, the unfinished layout provides a unique opportunity to complete the home while building upon the craftsmanship already in place. A full basement adds additional functional space, while 200-amp electrical, insulated windows & foam insulation are among the improvements already completed. A septic design is in hand, drilled well is in place & building materials and mechanicals currently on site are included. Set on a wooded lot w/ 3 off-street parking spaces, this is far from a typical renovation project. It’s an opportunity to finish a home with personality, charm & a design all its own. Vacant & ready to show. Showings begin immediately upon listing.
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: 806 sq ft (the lesser of 900 sq ft or half the 1,611 sq ft principal dwelling). Lot size: 110,293 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
Geography
Listing Agent: Blood Team
Listing Office: Keller Williams Realty - Merrimack
MLS® Number: 73575920
