360 Nahant Road Nahant — Photo 1 of 40
$988,000
Investment Analysis — 360 Nahant Road
Nahant, MA 01908
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01908 carries an estimated $3,110/mo in gross rent — about a 2.22% cap rate and $21,961/yr in estimated NOI at the $988,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,340
Style
Single Family
Built
1842
Nestled on a private .31-acre lot tucked behind Nahant Road, this beautifully maintained antique home offers the perfect blend of timeless character and modern comfort. Featuring 3 bedrooms with potential for a 4th, two baths, 2,340 square feet of light-filled living space, and beautiful hardwood floors throughout, this home is truly move-in ready. Thoughtfully updated in key areas including the kitchen, baths, and primary bedroom, the property retains the charm and craftsmanship of its era while providing today's conveniences. Enjoy a large farmer's porch, back deck, garden area, expansive yard, and multiple outdoor living spaces surrounded by mature trees and natural beauty. Just around the corner from Forty Steps Beach, the library, playground, and local store, this exceptional location offers the best of coastal living. Additional highlights include a gas fireplace, basement with abundant storage, six-car parking, and a new roof (2026). Excellent potential for owner-occupied short-term rental use or an ADU.
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 2,340 sq ft principal dwelling). Lot size: 13,503 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.
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Public Transportation • Tennis Court(s) • Park • Walk/Jog Trails • Golf • Conservation Area
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Listing Agent: Annie Wachtel
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73572766
