
31 Broadway Hanover — Photo 1 of 42
Recent Drop: $44,000
$885,000
Investment Analysis — 31 Broadway
Hanover, MA 02339
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02339 carries an estimated $3,390/mo in gross rent — about a 2.32% cap rate and $20,562/yr in estimated NOI at the $885,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
2,255
Style
Single Family
Built
1869
Built in 1869 by master shipbuilder Thomas Barstow & tucked back off the road on .75 private acres in historic Four Corners, The Barstow House is a rare opportunity to own a true piece of Hanover history. Hidden behind mature trees & approached a long circular driveway, this remarkable property feels worlds away from the everyday. Inside, soaring ceilings, original wide pine floors, & period details blend seamlessly with thoughtful updates. Enjoy peace of mind with a newer roof (2018), gas boiler (2024), and whole house water filtration system (2026). Features include 4-5 bedrooms, 2.5 updated baths, a spacious eat-in kitchen, formal dining room, 1st floor bed/bath, grand living room, and primary with good morning staircase. Outside, enjoy storybook grounds, a welcoming farmer's porch, detached barn/garage, chicken coop, charming garden, and mahogany deck with fire pit and hot tub, perfect for entertaining. Rich in history and utterly unforgettable, this is a home unlike any other.
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 2,255 sq ft principal dwelling). Lot size: 32,670 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Neighborhood
Shopping • Park • Walk/Jog Trails • Stable(s) • Conservation Area
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First14 x 17
Flooring - Wood, Window(s) - Bay/Bow/Box, Chair Rail, Lighting - Sconce, Archway, Crown Molding, Decorative Molding
Dining Room
Lvl First13 x 15
Closet, Flooring - Wood, Chair Rail, Lighting - Pendant, Decorative Molding
Kitchen
Lvl First11 x 20
Beamed Ceilings, Flooring - Wood, Dining Area, French Doors, Recessed Lighting, Gas Stove
Master Bedroom
Lvl Second15 x 20
Walk-In Closet(s), Flooring - Wood, Chair Rail
Bedroom 2
Lvl Second14 x 15
Bedroom 3
Lvl Second11 x 12
Flooring - Wood, Chair Rail, Closet - Double, Decorative Molding
Bedroom 4
Lvl Second11 x 10
Closet, Flooring - Wood, Chair Rail
Bedroom 5
Lvl First10 x 12
Bathroom - Full, Fireplace, Flooring - Wood, Chair Rail, Dressing Room, Closet - Double, Decorative Molding
Bathroom 1
Lvl FirstBathroom - Full, Bathroom - Tiled With Tub & Shower
Bathroom 2
Lvl FirstBathroom - Half, Dryer Hookup - Gas, Washer Hookup
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall
Property History
$885,000
Was $929,000
Aug 26, 2026
MLS® 73541070
$929,000
Jun 24, 2026
MLS® 73541070
Listing Agent: Lindsay Conlon
Listing Office: Coldwell Banker Realty - Norwell - Hanover Regional Office
MLS® Number: 73541070
