18 Days on market
351 Old Farm Road Hanover — Photo 1 of 39

351 Old Farm Road Hanover — Photo 1 of 39

$1,225,000

Investment Analysis — 351 Old Farm Road

Hanover, MA 02339

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02339 carries an estimated $3,080/mo in gross rent — about a 1.37% cap rate and $16,807/yr in estimated NOI at the $1,225,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

3,052

Style

Single Family

Built

1985

From the beautifully designed interior to the spectacular backyard oasis, this home offers everything you've been waiting for in a sought-after neighborhood. The custom-designed kitchen is a standout feature, offering granite countertops, a large center island, two sinks, and a Sub-Zero refrigerator. Opens to the spacious family room, where vaulted ceilings, a stunning stone fireplace, and built-ins create a warm and inviting space . First floor also has a formal dining room, home office/living room with French doors, updated half bath, laundry room, and a bright sunroom. The tiled sunroom, which overlooks the fenced backyard and outdoor living space. Enjoy a patio, in-ground pool, gazebo, and fire pit. The primary en-suite has been renovated with a tiled walk-in shower and custom-built walk in closets. Additional bedrooms provide plenty of space for family and guests.Wood floors run throughout the home. The recently refinished basement features vinyl flooring. Additional highlights include a second renovated full bath, owned solar panels and a new pool filter. This special home has the perfect blend of thoughtful updates, timeless style, and exceptional indoor and outdoor living.

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 3,052 sq ft principal dwelling). Lot size: 30,056 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

Original Price$1,225,000
Annual Taxes$11,283

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms9
Fireplaces1
FlooringWood, Tile, Vinyl, Flooring - Stone/Ceramic Tile, Flooring - Vinyl, Flooring - Wood
BasementFull, Finished, Garage Access

Climate & Utilities

HeatingBaseboard, Oil
CoolingCentral Air, Wall Unit(s)
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.69
SqFt Lot30,056
Lot FeaturesCul-De-Sac, Cleared, Gentle Sloping, Level

Amenities & Appliances

Water Heater • Solar Hot Water • Oven • Microwave • Range • Refrigerator • Washer • Dryer • Water Treatment

Neighborhood

Shopping • Tennis Court(s) • Walk/Jog Trails • Golf • Bike Path • Conservation Area

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

14 x 15

Flooring - Wood, French Doors, Decorative Molding

Dining Room
Lvl First

15 x 11

Flooring - Wood, Chair Rail, Lighting - Pendant, Decorative Molding

Kitchen
Lvl First

24 x 16

Flooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Lighting - Pendant

Family Room
Lvl First

17 x 22

Flooring - Wood, Open Floorplan, Recessed Lighting, Decorative Molding

Master Bedroom
Lvl Second

13 x 18

Bathroom - Full, Walk-In Closet(s), Flooring - Wood

Bedroom 2
Lvl Second

12 x 15

Bedroom 3
Lvl Second

12 x 14

Closet, Flooring - Wood

Bathroom 1
Lvl First

5 x 7

Bathroom - Half, Closet - Linen, Flooring - Stone/Ceramic Tile, Pedestal Sink

Bathroom 2
Lvl Second

8 x 9

Bathroom - Full, Bathroom - Tiled With Shower Stall, Skylight, Walk-In Closet(s), Countertops - Upgraded, Lighting - Sconce

Bathroom 3
Lvl Second

9 x 11

Bathroom - Full, Bathroom - Tiled With Tub, Closet - Linen, Countertops - Upgraded, Lighting - Sconce

Listing Provided By

Listing Agent: Nancy King

Listing Office: Coldwell Banker Realty - Duxbury

MLS® Number: 73567863