16 West St Hanson — Photo 1 of 24
$322,000
Investment Analysis — 16 West St
Hanson, MA 02341
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 1-bedroom in 02341 carries an estimated $2,390/mo in gross rent — about a 5.73% cap rate and $18,447/yr in estimated NOI at the $322,000 list price. Adjust every assumption in the calculator below.
Beds
1
Baths
1
SqFt
549
Style
Single Family
Built
1920
Charming & Versatile Home which is a condo alternative. Fall in love with this adorable 1-bedroom, 1-bathroom home that perfectly blends cozy comfort with functional living space. Eat in kitchen, Main living area featuring dramatic cathedral ceilings that make the space feel larger and airy. The enclosed front sun room—previously utilized as a second bedroom—offering the perfect flex space for guests, a home office, or a creative studio. Outside, your private, fenced-in yard with cobblestone firepit awaits, creating a secure haven for relaxation, gardening, or pets. The property also includes a handy detached storage shed to keep your tools and outdoor gear organized. Seller is looking for a quick close. Septic is a 2 bedroom design. Roof 2013. Bathroom 2013. Wood stove 2013. 8x12 shed. Seller looking for a CASH BUYER and QUICK CLOSE.
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: 275 sq ft (the lesser of 900 sq ft or half the 549 sq ft principal dwelling). Lot size: 5,500 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 • Refrigerator • Washer
Neighborhood
Public Transportation • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First15.6 x 11
Wood / Coal / Pellet Stove, Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Laminate, Recessed Lighting
Kitchen
Lvl First16.6 x 6.6
Bathroom - Full, Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Recessed Lighting, Gas Stove, Lighting - Overhead
Master Bedroom
Lvl First8.6 x 8
Closet, Flooring - Wood
Bathroom 1
Lvl First8.6 x 5
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Beadboard
Listing Agent: Jeanne Hickey
Listing Office: HomeSmart First Class Realty
MLS® Number: 73567004
