31 Osprey Ln. Hanover — Photo 1 of 34
$1,150,000
Investment Analysis — 31 Osprey Ln.
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 1.65% cap rate and $18,995/yr in estimated NOI at the $1,150,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,420
Style
Single Family
Built
2002
Welcome to 31 Osprey Lane, nestled on a quiet cul-de-sac in one of Hanover's most desirable neighborhoods. This spacious home offers generously sized rooms throughout, providing comfort and flexibility for everyday living and entertaining. A spacious living room showcases vaulted ceilings, a cozy wood burning fireplace and plenty of natural light, large laundry room and attached two-car garage offer exceptional convenience and storage. The finished lower level adds valuable living space with endless possibilities plus a 5th bedroom and half bath. Step outside to enjoy the private backyard, where mature fruit trees create a beautiful setting for gardening, relaxation, and outdoor gatherings. Combining space, functionality, and a sought-after location, this property is conveniently located near schools, shopping, dining, and recreational spaces. Don't miss the opportunity to make this wonderful home your own. Property abuts Forge Pond.
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 3,420 sq ft principal dwelling). Lot size: 32,287 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
Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Shopping • Park • Walk/Jog Trails • Bike Path • Conservation Area • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Recessed Lighting
Dining Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Wainscoting, Lighting - Overhead, Crown Molding
Kitchen
Lvl Main,FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Open Floorplan, Recessed Lighting, Gas Stove, Peninsula
Family Room
Lvl FirstFlooring - Hardwood, Window(s) - Bay/Bow/Box, Wainscoting, Lighting - Overhead
Master Bedroom
Lvl SecondBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 4
Lvl SecondCloset, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Bedroom 5
Lvl BasementCloset, Flooring - Stone/Ceramic Tile, Lighting - Overhead
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Lighting - Sconce, Lighting - Overhead
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
Bathroom 3
Lvl FirstBathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Wainscoting
Listing Agent: Victoria Pacella
Listing Office: Compass
MLS® Number: 73537563
