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4 Marconi Lane Marion — Photo 1 of 33

4 Marconi Lane Marion — Photo 1 of 33

$699,900

Investment Analysis — 4 Marconi Lane

Marion, MA 02738

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 5-bedroom in 02738 carries an estimated $3,390/mo in gross rent — about a 3.86% cap rate and $27,020/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

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Beds

5

Baths

2

SqFt

1,976

Style

Single Family

Built

1921

At 4 Marconi Lane, Marion, MA, a meticulously remodelled single-family residence, originally constructed in 1921, presents an exceptional opportunity for discerning buyers. This distinguished property, offering 1976 square feet of refined living space, has been thoughtfully updated to blend historic charm with contemporary comfort, promising an elevated lifestyle experience. The recently updated kitchen is a testament to modern design and functionality, featuring a suite of stainless steel appliances that cater to culinary enthusiasts. This space is ideally suited for both everyday living and sophisticated entertaining. The living room provides a welcoming ambiance, centered around a classic fireplace that offers warmth and a focal point for relaxation and social gatherings. One of the property's two full bathrooms is appointed with a walk-in shower, providing a spa-like experience within the comfort of your home. Beyond the main living areas, the residence includes a versatile basement, offering additional storage or potential for future customization. Outdoor living is enhanced by a well-proportioned patio and a charming porch, perfect for enjoying the serene surroundings. With five bedrooms, this home provides ample private accommodations. This Marion residence represents a compelling blend of classic architecture and modern renovation.

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 1,976 sq ft principal dwelling). Lot size: 19,454 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

Original Price$699,900
Annual Taxes$3,897

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms8
Fireplaces1
FlooringWood, Tile, Carpet
BasementNone

Climate & Utilities

HeatingCentral, Forced Air, Electric
CoolingCentral Air, Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofShingle
FoundationBlock, Brick/Mortar
ZoningR-E

Property & Lot

Acres0.45
SqFt Lot19,454
Lot FeaturesCorner Lot, Level

Amenities & Appliances

Electric Water Heater • Range

Geography

Listing Provided By

Listing Agent: Kenneth Leonard

Listing Office: Cape Cod Ken Real Estate

MLS® Number: 73573529