391 Main St Townsend — Photo 1 of 38
$565,000
Investment Analysis — 391 Main St
Townsend, MA 01474
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01474 carries an estimated $3,920/mo in gross rent — about a 5.09% cap rate and $28,777/yr in estimated NOI at the $565,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2.5
SqFt
2,017
Style
Single Family
Built
1950
Rebuilt from the foundation up in 2014, this beautiful home offers the feel of a newer build w/ the space & privacy of an established 1 acre setting. Off the foyer find an eat-in kitchen w/ ceiling-height cherry cabinets, oversized island drawers, granite countertops & SS APPLNCS, all open to the dining area. French doors lead to a Office/Bonus RM, while an en-suite mudroom connects to a 1/2 BA. The main level is complete w/ a spacious Living RM w/ slider to the backyard & access to the front walkway. Upstairs, the primary suite offers a private BA w/ dual-sink vanity, joined by 2 addt’l BDRMS, a Full BA & a convenient laundry closet. The walkout basement provides abundant storage & easy access for loading/unloading. Outside, enjoy a rock retaining wall, elevated patio space, expansive yard, firepit & mature trees creating a private backdrop. Central air, town water & just 12 years on the major systems make this one worth a look!
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 2,017 sq ft principal dwelling). Lot size: 47,916 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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Property Details
Financials
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Interior Specifications
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Building & Exterior
Property & Lot
Amenities & Appliances
Tankless Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer
Geography
Listing Agent: Blood Team
Listing Office: Keller Williams Realty - Merrimack
MLS® Number: 73565569
