147 Farm Blackstone — Photo 1 of 35
$699,900
Investment Analysis — 147 Farm
Blackstone, MA 01504 — East Blackstone
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01504 carries an estimated $3,080/mo in gross rent — about a 2.82% cap rate and $19,755/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
1,992
Style
Single Family
Built
2004
Absolutely picture perfect center hall colonial with all the upgrades and more. This stunning home boasts an open concept kitchen with stone countertops overlooking the two story fireplaced family room complete with wood stove insert and built in shelving and desk. Gleaming hardwoods. Sunroom with slate flooring and second woodstove provides a great comfy room to watch tv or relax. First floor full bath. Formal dining room. Second floor has a great open flex space at the top of stairs perfect for an office or playroom, three good sized bedrooms with a jack and jill bathroom. Full insulated attic. Mini-splits for comfort during those transtional months. Front has new farmers porch, new decking and pool . The ultimate summer cookout yard. Really nothing to do but move in. All this AND an adjoining lot (20 Park St) that abutts the property which is over an acre in size, taxed separately and is potentially buildable. Want to know more? Come see for yourself.
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 1,992 sq ft principal dwelling). Lot size: 28,000 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.
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Listing Agent: Elyse Gesmondi
Listing Office: HomeSmart Professionals Real Estate
MLS® Number: 73570565
