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17 Days on market
44 Blueberry Lane Pembroke — Photo 1 of 32

44 Blueberry Lane Pembroke — Photo 1 of 32

$350,000

Investment Analysis — 44 Blueberry Lane

Pembroke, MA 02359

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a home in 02359 carries an estimated $2,360/mo in gross rent — about a 4.96% cap rate and $17,366/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.

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Style

Residential

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Are you looking for a place to build your dream home on the water? Check out this prime waterfront opportunity on desirable Stetson Pond! The lot is prepped and the trees have been removed at 44 Blueberry Lane offering the perfect canvas for your dream home. The existing structure has been fully gutted, with all blown-in insulation removed, and the garage has already been demolished. A 12 by 24 foot concrete slab remains, ready for a new garage installation. This gives the next owner a clean slate to build exactly what they envision or to rehab the existing home. Key approvals are already in place: a demolition permit for the house and seawall/bulkhead, plus a Notice of Intent filed with the Conservation Commission for wetlands. Draftsman plans by a professional are included with the sale, along with all supporting documentation. Now you can move forward with the current design, modify it, or create something entirely new. Enjoy direct access to fully recreational Stetson Pond with your own private dock, a beautiful sandy beach, and crystal-clean water. The property backs up to over 120 acres of preserved land featuring walking trails, kayaking, biking, hiking, and abundant wildlife. A passing two-bedroom septic system is already in place. Whether you're looking to rehab, rebuild, or develop this rare waterfront site, this is a turnkey investment with tremendous upside in a peaceful, recreation-rich setting. Create your own legacy property on Stetson Pond.

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$350,000
Annual Taxes$4,157

Parking

Garage0
Off-Street0

Interior Specifications

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FireplacesNone
Flooring--
BasementNone

Climate & Utilities

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WaterPublic, On-Site
SewerPrivate Sewer, On-Site

Building & Exterior

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Zoningres

Property & Lot

Acres0.16
SqFt Lot6,952
Lot FeaturesLevel, Cleared

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Shawn Moloney

Listing Office: Movementum Realty, LLC

MLS® Number: 73568533