28 Spring Street Hanson — Photo 1 of 42
$900,000
Investment Analysis — 28 Spring Street
Hanson, MA 02341
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02341 carries an estimated $4,140/mo in gross rent — about a 3.17% cap rate and $28,551/yr in estimated NOI at the $900,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
2,904
Style
Single Family
Built
1842
Welcome Home! You will fall in love with this Georgian Colonial with all the warmth and charm of a bygone era. Rare opportunity to own this meticulously restored home. Updated, yet retains many period details. This home has an abundance of history and character. Almost every room has wood floors, many wide pine. Five fireplaces with clay liners. Many shelves & built-ins throughout. Spacious country kitchen with bee hive oven and newer 4 burner + griddle Hallman stove. First floor guest / in-law bedroom. Beamed family room with wood stove. Additional space in walk up attic for future expansion or extra storage. Updated wiring and boiler. Attached 32 x 45 three story post & beam barn with three finished rooms off the large main room. Heated in ground pool surrounded by cement patio with screened cabana. Large composite deck with awning. Newer 12 x 16 guest house. Large shed. More than three acres of private well landscape grounds. Close to schools, shopping and commuter rail.
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 2,904 sq ft principal dwelling). Lot size: 140,699 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 • Dishwasher • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Public School • T-Station
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood
Dining Room
Lvl FirstFlooring - Wood, Lighting - Overhead, Decorative Molding
Kitchen
Lvl FirstBeamed Ceilings, Flooring - Stone/Ceramic Tile, Dining Area, Exterior Access, Recessed Lighting, Gas Stove
Family Room
Lvl FirstWood / Coal / Pellet Stove, Skylight, Beamed Ceilings, Flooring - Wood, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl SecondWalk-In Closet(s), Closet, Flooring - Wood, Dressing Room
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondFlooring - Wood
Bedroom 4
Lvl SecondFlooring - Wood
Bedroom 5
Lvl FirstFlooring - Wood
Bathroom 1
Lvl FirstBathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Recessed Lighting
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: Elaine Bongarzone
Listing Office: Conway - Scituate
MLS® Number: 73553729
