163 Reservoir Rd Quincy — Photo 1 of 32
$759,000
Investment Analysis — 163 Reservoir Rd
Quincy, MA 02170
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02170 carries an estimated $3,080/mo in gross rent — about a 2.47% cap rate and $18,737/yr in estimated NOI at the $759,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,482
Style
Single Family
Built
1951
This charming and well-maintained colonial with garage parking sits on highly sought-after Reservoir Rd in Forbes Hill. The main living level features a spacious front-to-back living room with a young gas fireplace, separate dining room, kitchen with direct access to the yard, a versatile office/den, and a half bath. Upstairs are three generously sized bedrooms and a full bath. Hardwood floors, central AC, a young roof and updated systems provide peace of mind. The high-ceiling basement offers excellent bonus space, currently used as a gym and ready for your vision. Just up the road, the new Furnace Brook clubhouse offers a restaurant, bar and covered deck, on the public nine-hole golf course. Nearby Forbes Hill Park has been newly revitalized with a great playground. A fantastic home in a vibrant location! Offers due Monday at 2pm.
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: 741 sq ft (the lesser of 900 sq ft or half the 1,482 sq ft principal dwelling). Lot size: 7,104 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: Christina Dinardi
Listing Office: Keller Williams Realty Boston-Metro | Back Bay
MLS® Number: 73573825
