
40 Landing Road Kingston — Photo 1 of 10
Recent Drop: $50,000
$225,000
Investment Analysis — 40 Landing Road
Kingston, MA 02364
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02364 carries an estimated $2,040/mo in gross rent — about a 7.33% cap rate and $16,488/yr in estimated NOI at the $225,000 list price. Adjust every assumption in the calculator below.
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Abutting Adams Heritage Center, Tennis courts, Playground, Kingston Community Center, and a short stroll to the Ah De Nah, this secluded location is a hidden gem. Subject to town approval as a buildable lot, this features a building/barn built in 1951 that has been used as a woodworking shop through the years, equipped with electricity but no water and town sewer, which are available for connection, pending approval by Water Department. Less than a mile to the Jones River, this is a rare opportunity to build in a centrally located spot-a 3 minute jaunt to the library, the river, shops, restaurants, post office. The Adams Center, formerly the Frederic C. Adams Public Library, is one of several Kingston properties on the National Register of Historic Places. Build your dream home in this dynamic town, which offers commuter rail, mall, town beach, private golf course, highly regarded school system, and a boat launch at the Harbormaster's in the Ah De Nah. This town has something for everyone!!
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 MLS and other third-party data may be inaccurate or out of date.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
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Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Shopping • Tennis Court(s) • Park • Highway Access • House of Worship • Marina
Geography
Property History
$225,000
Was $245,000
Aug 5, 2026
MLS® 73468118
$245,000
Was $275,000
May 7, 2026
MLS® 73468118
$275,000
Jan 12, 2026
MLS® 73468118
Listing Agent: Marcy Richardson
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73468118
