21 Broad St Merrimac — Photo 1 of 4
Recent Drop: $120,000
$775,000
Investment Analysis — 21 Broad St
Merrimac, MA 01860
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01860 carries an estimated $3,390/mo in gross rent — about a 3.03% cap rate and $23,516/yr in estimated NOI at the $775,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1
SqFt
1,920
Style
Single Family
Built
1889
This commercial acre lot has 400' of frontage on Broad St. only 900' from Rte 495 Zoning allows for auto services, retail and much more, including a gas station by right with a building up to 2500 sq.ft. and a gas station with a larger structure is allowed with a special permit. Seller has never occupied this property and buyer must verify through their own due diligence. Property is being sod as is.
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 1,920 sq ft principal dwelling). Lot size: 45,302 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 MLS and other third-party data may be inaccurate or out of date.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
Property History
$775,000
Was $795,000
Sep 7, 2026
MLS® 73535259
$795,000
Was $875,000
Aug 23, 2026
MLS® 73535259
$875,000
Was $895,000
Jul 12, 2026
MLS® 73535259
$5,000
Jun 12, 2026
MLS® 73535259
Listing Agent: Gary J. Litchfield
Listing Office: Mass. Real Estate Solutions, LLC
MLS® Number: 73535259
