Active Under Contract
8 Days on market
12 Hemlock Drive Lunenburg — Photo 1 of 10

12 Hemlock Drive Lunenburg — Photo 1 of 10

$374,999

Investment Analysis — 12 Hemlock Drive

Lunenburg, MA 01462

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01462 carries an estimated $3,370/mo in gross rent — about a 3.01% cap rate and $11,278/yr in estimated NOI at the $374,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,272

Style

Single Family

Built

1950

Direct natural sandy beach frontage—an extremely rare, high-value asset on Hickory Hills Lake! This premier .76-acre waterfront parcel offers unmatched redevelopment potential with gentle, walk-in shoreline that investors and builders covet. The existing 3-bed, 1.5-bath structure and detached 2-car garage provide a substantial footprint for a full gut-renovation, expansion, or a complete teardown and new build. Panoramic water views, a light-filled enclosed porch, and prime lot positioning create exceptional upside for those ready to capitalize on one of the lake’s strongest locations. Property sold strictly as-is. Due to deferred maintenance and known electrical/wiring issues related to hardwired smoke detector compliance cash, rehab, or construction financing only. Seller will not obtain smoke/CO compliance; the buyer assumes all requirements post-closing. Opportunities to control a top-tier waterfront lot with true sandy beach frontage are nearly nonexistent. Secure this high-equity project and bring your builders, your plans, and your vision.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$374,999
Annual Taxes$8,056
HOA Fee$950

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms6
Fireplaces1
Flooring--
BasementFull, Walk-Out Access, Concrete, Unfinished

Climate & Utilities

HeatingOil
CoolingNone
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRA

Property & Lot

Acres0.76
SqFt Lot33,105
Lot FeaturesGentle Sloping

Amenities & Appliances

Range • Refrigerator

Neighborhood

Shopping • Park • Walk/Jog Trails • Golf • Medical Facility • Bike Path

Geography

Listing Provided By

Listing Agent: Ken Stone

Listing Office: Keller Williams Realty

MLS® Number: 73572127