297 Reedy Meadow Rd Groton — Photo 1 of 42
$800,000
Investment Analysis — 297 Reedy Meadow Rd
Groton, MA 01450
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01450 carries an estimated $3,080/mo in gross rent — about a 2.14% cap rate and $17,092/yr in estimated NOI at the $800,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,152
Style
Single Family
Built
1983
Nestled on an expansive 5.77-acre lot on a quiet, scenic road, 297 Reedy Meadow Road is a standout home offering a blend of privacy and modern charm. Built in 1983, this unique two-story Contemporary-style residence features a functional layout spanning 2,152 square feet with a first floor bedroom and 3/4 bath. The home features 3 bedrooms and 2 full bathrooms. Designed for comfort across the seasons, it is equipped with forced air heating (oil-fueled) and includes a cozy fireplace with pellet stove in the main living area, perfect for New England winters. For the warmer months, the private, wooded property is enhanced by a large screen porch, back deck, gardens with a stone path make the backyard an ideal personal retreat. An attached 2 car garage offers convenient parking and extra storage, while an unfinished walk-out basement presents additional potential and storage. Located on a tranquil wooded property, this home sits just half a mile from the highly rated Groton-Dunstable Regional High School and has access to conservation land. Groton has small town feel with a lively center with stores and restaurants. The Groton Hill Music Center is world class. Easy to show so come see it today and see why you should call this house your home.
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 2,152 sq ft principal dwelling). Lot size: 251,191 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
Range • Dishwasher • Refrigerator
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First29 x 22
Flooring - Hardwood, Slider
Dining Room
Lvl First17 x 11
Flooring - Hardwood, Slider
Kitchen
Lvl First15 x 15
Closet, Countertops - Stone/Granite/Solid, Kitchen Island, Remodeled
Master Bedroom
Lvl Second15 x 14
Closet, Flooring - Hardwood
Bedroom 2
Lvl FirstBedroom 3
Lvl Second12 x 14
Closet, Flooring - Hardwood
Bathroom 1
Lvl First10 x 8
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Bathroom 2
Lvl Second16 x 8
Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
Listing Agent: Cheryl King
Listing Office: MRM Associates
MLS® Number: 73559152
