239 Nahant Road Nahant — Photo 1 of 40
$515,000
Investment Analysis — 239 Nahant Road
Nahant, MA 01908
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 01908 carries an estimated $2,080/mo in gross rent — about a 2.84% cap rate and $14,642/yr in estimated NOI at the $515,000 list price. Adjust every assumption in the calculator below.
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Rare opportunity to build in desirable Big Nahant! This 10,807 sq ft buildable lot is partially cleared and zoned R2, offering flexibility for residential development. Located out of the flood zone, the property features water and gas on the street for added convenience. Enjoy elevated ocean views over Tudor Beach along with beautiful sunset vistas. The lot’s size and gentle topography provide an excellent setting for a custom home or coastal retreat. Close to beaches, sailing, tennis, Nahant Golf Club, local restaurants, and just minutes to Lynn, Swampscott, and commuter routes into Boston. A unique chance to create your dream home in one of the North Shore’s most sought-after seaside communities.
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 MLS and other third-party data may be inaccurate or out of date.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
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Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Conservation Area
Geography
Listing Agent: Annie Wachtel
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73543548
